The housing market in 21704 Urbana, MD is priced significantly higher than the US median value of $338,100. The median value of homes in this area is $601,700. Although the US has seen a strong 8.27% one year appreciation rate for homes, the appreciation rate for homes in 21704 Urbana, MD lagged slightly behind at 7.84%. Despite this slower growth rate, homeowners and prospective homebuyers alike are sure to appreciate the high value of the housing market in this area.
The median home cost in Urbana (zip 21704) is $601,700. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Urbana (zip 21704) is up 11.5%.
Average Age of Homes
- The median age of Urbana (zip 21704) real estate is 14 years old
The Rental Market in Urbana (zip 21704)
- Renters make up 14.2% of the Urbana (zip 21704) population
- 0.5% of houses and apartments in Urbana (zip 21704), 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.