Zip 21146 (Severna Park, MD) Housing


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The housing market in Severna Park, MD is thriving. The median value of a house in Severna Park is 672,300, which is almost double the US median value of 338,100. This indicates that it is a desirable location to live and purchase property. In addition, the one-year appreciation rate for houses in Severna Park is 7.76%, slightly lower than the national rate of 8.27%. This may represent an opportunity for potential buyers to invest in real estate before prices rise further. Therefore, Severna Park's housing market looks strong and could provide a great option for potential buyers looking for a new home or investment opportunity.

The median home cost in Severna Park (zip 21146) is $672,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Severna Park (zip 21146) is up 10.4%.

Average Age of Homes
- The median age of Severna Park (zip 21146) real estate is 43 years old
The Rental Market in Severna Park (zip 21146)
- Renters make up 7.3% of the Severna Park (zip 21146) population
- 0.0% of houses and apartments in Severna Park (zip 21146), 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

  HousingSeverna Park, MarylandUnited States
  10,508.0139,647,020.0
  4542
  $672,300$338,100
  10.4%16.6%
  36.2%57.0%
  51.9%101.1%
  $7.85$10.98
  $4,463$2,690
  85.9%57.4%
  4.9%11.2%
  9.2%31.4%
  Vacant Housing
  0.0%1.9%
  0.5%0.4%
  1.3%0.7%
  0.1%0.4%
  1.2%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  0.1%2.6%
  0.1%2.4%
  0.5%2.8%
  0.2%3.9%
  0.0%4.5%
  0.1%11.3%
  0.1%13.0%
  3.1%20.1%
  14.4%13.6%
  19.6%8.3%
  42.8%9.7%
  10.5%3.9%
  4.9%2.2%
  1.1%0.8%
  2.3%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  7.6%13.6%
  7.6%13.6%
  10.9%13.6%
  18.8%13.2%
  16.3%14.8%
  10.9%13.6%
  10.8%10.0%
  2.2%4.7%
  3.3%12.2%
Reviews for Severna Park
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S.P. is a great community. They don't even track the % of HS graduate thay complete college, and move back with advanced careers and degrees. But the Cost of living in  More

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