Housing in 20723 Scaggsville, MD is significantly more expensive than the national average. The median value of housing in 20723 Scaggsville, MD is $525,700, which is far higher than the median value for houses across the US at $338,100. The US has seen an 8.27% increase in house prices year-over-year, however 20723 Scaggsville, MD has only seen a 6.91% increase year-over-year. This indicates that the market for housing in 20723 Scaggsville is less volatile than the national market and is a relatively stable investment.
The median home cost in Scaggsville (zip 20723) is $525,700. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Scaggsville (zip 20723) is up 10.7%.
Average Age of Homes
- The median age of Scaggsville (zip 20723) real estate is 27 years old
The Rental Market in Scaggsville (zip 20723)
- Renters make up 29.9% of the Scaggsville (zip 20723) population
- 1.4% of houses and apartments in Scaggsville (zip 20723), 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.