Zip 21108 (Severna Park, MD) Housing

The housing in 21108 Severna Park, MD is currently valued at $561,400 on average. This is substantially higher than the US median value of $338,100, and it has seen a 7.76% appreciation over the last year. This is slightly lower than the US house appreciation rate of 8.27%, but still indicates that homeowners are seeing some growth in their investments. The real estate market in Severna Park remains strong for both buyers and sellers, making it a desirable place to live.

The median home cost in Severna Park (zip 21108) is $561,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Severna Park (zip 21108) is up 10.4%.

Average Age of Homes

- The median age of Severna Park (zip 21108) real estate is 36 years old

The Rental Market in Severna Park (zip 21108)

- Renters make up 14.4% of the Severna Park (zip 21108) population
- 3.2% of houses and apartments in Severna Park (zip 21108), 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	Severna Park, Maryland	United States
	6,395.0	139,647,020.0
	39	42
	$561,400	$338,100
	10.4%	16.6%
	36.2%	57.0%
	51.9%	101.1%
	$8.49	$10.98
	$3,933	$2,690
	82.3%	57.4%
	4.7%	11.2%
	13.0%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.8%	2.4%
	0.2%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	1.4%	11.3%
	1.3%	13.0%
	17.5%	20.1%
	17.0%	13.6%
	15.9%	8.3%
	36.4%	9.7%
	6.8%	3.9%
	0.5%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	1.9%	0.2%
	7.0%	13.6%
	7.0%	13.6%
	14.4%	13.6%
	23.0%	13.2%
	22.8%	14.8%
	14.4%	13.6%
	5.3%	10.0%
	2.6%	4.7%
	3.6%	12.2%

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