Housing in 20763 Savage, MD is comparatively affordable when compared to the national median value of $338,100. The median housing value for 20763 Savage, MD stands at $421,900 which is about 25% higher than the national median value. This area has seen a 6.91% house appreciation rate over the past year, which is slightly lower than the national rate of 8.27%. Despite this difference in appreciation rates regarding housing values, buyers and tenants are finding relative affordability in 20763 Savage, MD.
The median home cost in Savage (zip 20763) is $421,900. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Savage (zip 20763) is up 10.7%.
Average Age of Homes
- The median age of Savage (zip 20763) real estate is 46 years old
The Rental Market in Savage (zip 20763)
- Renters make up 56.2% of the Savage (zip 20763) population
- 0.0% of houses and apartments in Savage (zip 20763), 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.