Located in South Kensington, MD, 20895 is a desirable area to live. The median value of housing in this area is $726,400 which is significantly higher than the US median house price of $338,100. Over the past year, the US has seen an appreciation rate of 8.27%, while in South Kensington it has been slightly lower at 5.58%. Despite this slight decline, many people still consider the area to be a great place to invest in real estate due to its high housing prices and good rental returns.
The median home cost in South Kensington (zip 20895) is $726,400. Home appreciation the last 10 years has been 46.2%. Home Appreciation in South Kensington (zip 20895) is up 11.3%.
Average Age of Homes
- The median age of South Kensington (zip 20895) real estate is 60 years old
The Rental Market in South Kensington (zip 20895)
- Renters make up 18.4% of the South Kensington (zip 20895) population
- 0.2% of houses and apartments in South Kensington (zip 20895), 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.