The housing in 20678 Prince Frederick, MD has a median value of $416,900 which is slightly higher than the US median value of $338,100. In the last year, the house appreciation rate for the area was 7.62%, lower than the national average of 8.27%. However, this could be a good sign for potential buyers as it points to stable growth in the local housing market. Prices should remain relatively steady as there is not much pressure to drive them up or down.
The median home cost in Prince Frederick (zip 20678) is $416,900. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Prince Frederick (zip 20678) is up 12.7%.
Average Age of Homes
- The median age of Prince Frederick (zip 20678) real estate is 26 years old
The Rental Market in Prince Frederick (zip 20678)
- Renters make up 29.1% of the Prince Frederick (zip 20678) population
- 1.1% of houses and apartments in Prince Frederick (zip 20678), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.