The housing situation in 21866 Smith Island, MD is much more positive than the national average. The median value of homes in this area is $192,100, which is significantly lower than the US House Median Value of $338,100. Additionally, the appreciation rate of homes in Smith Island is 14.76%, which is 6.49% higher than the US 1 year House Appreciation rate of 8.27%. This indicates that the housing market in Smith Island, MD is flourishing and may be a great option for potential home buyers looking for an up and coming area with plenty of opportunity for growth.
The median home cost in Smith Island (zip 21866) is $192,100. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Smith Island (zip 21866) is up 14.0%.
Average Age of Homes
- The median age of Smith Island (zip 21866) real estate is 55 years old
The Rental Market in Smith Island (zip 21866)
- Renters make up 0.0% of the Smith Island (zip 21866) population
- 0.0% of houses and apartments in Smith Island (zip 21866), 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.