The housing market in Westminster, MD (21158) is a bit more expensive than the US median. The median value is $390,800 compared to the US median of $338,100. Despite this higher cost, the appreciation rate in Westminster is just slightly less than the national average at 7.76%, still a healthy rate of growth. With a close proximity to DC and Baltimore, the area has seen an influx of buyers looking for more affordable housing options and this has driven up prices over the past year.
The median home cost in Westminster (zip 21158) is $390,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Westminster (zip 21158) is up 10.4%.
Average Age of Homes
- The median age of Westminster (zip 21158) real estate is 31 years old
The Rental Market in Westminster (zip 21158)
- Renters make up 18.7% of the Westminster (zip 21158) population
- 0.5% of houses and apartments in Westminster (zip 21158), 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.