Zip 20855 (Redland, MD) Housing

The housing market in 20855 Redland, MD is a bit below the US median value of $338,100. The median value in this area is $594,000 which is over 75% higher than the US median. In the last year, there has been an appreciation of 5.58% for homes in Redland while the US houses appreciated 8.27%. This suggests that although the housing market in this area may be more expensive than other parts of the country, it still provides a great opportunity for potential buyers and investors alike.

The median home cost in Redland (zip 20855) is $594,000. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Redland (zip 20855) is up 11.3%.

Average Age of Homes

- The median age of Redland (zip 20855) real estate is 35 years old

The Rental Market in Redland (zip 20855)

- Renters make up 14.4% of the Redland (zip 20855) population
- 0.5% of houses and apartments in Redland (zip 20855), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Redland, Maryland	United States
	6,326.0	139,647,020.0
	38	42
	$594,000	$338,100
	11.3%	16.6%
	30.3%	57.0%
	46.2%	101.1%
	$8.57	$10.98
	$4,736	$2,690
	77.1%	57.4%
	2.9%	11.2%
	20.0%	31.4%
Vacant Housing
	0.5%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	0.5%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.1%	2.4%
	0.0%	2.8%
	0.3%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	0.5%	13.0%
	4.7%	20.1%
	13.0%	13.6%
	21.2%	8.3%
	44.8%	9.7%
	11.7%	3.9%
	2.4%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	6.2%	13.6%
	34.2%	13.2%
	15.6%	14.8%
	6.2%	13.6%
	1.5%	10.0%
	0.9%	4.7%
	1.1%	12.2%

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