The housing market in 21075 Elkridge, MD is performing above the national average. The median value of homes in the area is $442,400, which is significantly higher than the US median value of $338,100. In the past year alone, house prices have appreciated 8.62%, compared to the nationwide average of 8.27%. This demonstrates that real estate values are increasing at a faster rate in Elkridge than in many other areas across the country.
The median home cost in Elkridge (zip 21075) is $442,400. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Elkridge (zip 21075) is up 10.6%.
Average Age of Homes
- The median age of Elkridge (zip 21075) real estate is 22 years old
The Rental Market in Elkridge (zip 21075)
- Renters make up 28.2% of the Elkridge (zip 21075) population
- 0.4% of houses and apartments in Elkridge (zip 21075), 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.