The housing market in Ridgely, MD exhibits strong appreciation over the past year at a rate of 9.21% which is slightly higher than the national average of 8.27%. The median value for a house in Ridgely, MD is $314,000 which is lower than the US median value of $338,100. This indicates that housing in Ridgely is more affordable while still exhibiting solid appreciation values and making it an attractive investment option for potential homeowners.
The median home cost in Ridgely (zip 21660) is $314,000. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Ridgely (zip 21660) is up 14.5%.
Average Age of Homes
- The median age of Ridgely (zip 21660) real estate is 34 years old
The Rental Market in Ridgely (zip 21660)
- Renters make up 30.2% of the Ridgely (zip 21660) population
- 0.0% of houses and apartments in Ridgely (zip 21660), 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.