The housing market in 20690 Tall Timbers, MD is a strong one with a median value of $475,600. This is significantly higher than the US national house median value of $338,100. This demonstrates that homes in the area are highly desirable. In addition to this, over the past year the US house appreciation rate was 8.27%, however the appreciation rate in 20690 Tall Timbers, MD was 7.62%. This indicates that people are still investing in homes here and that the market remains stable despite recent economic fluctuations.
The median home cost in Tall Timbers (zip 20690) is $475,600. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Tall Timbers (zip 20690) is up 12.7%.
Average Age of Homes
- The median age of Tall Timbers (zip 20690) real estate is 20 years old
The Rental Market in Tall Timbers (zip 20690)
- Renters make up 5.1% of the Tall Timbers (zip 20690) population
- 0.0% of houses and apartments in Tall Timbers (zip 20690), 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.