The Maryland Suburbs With the Highest Home Price Appreciation in 2020
✉️ Want to forward this article? Click here.
Today, UrbanTurf is taking a look at the close-in Maryland suburbs that have seen the highest home price appreciation this year.
In the table below, we outline the six areas that have seen the largest increase in home values. In order to qualify for the list, a jurisdiction had to record at least 20 sales this year. Also, if there was a wide disparity between the sales of single-family homes and condos/co-ops this year versus last year, we didn't include the area on the list.
story continues below
loading...story continues above
The two cities leading the way with home price appreciation levels approaching 17% are also two of the perennially popular areas for buyers looking for single-family homes at relatively affordable prices: Mount Rainier and Takoma Park. Riverdale and Brentwood follow behind and even though both areas have seen double-digit percentage increase in values, the median price for both areas still comes in below $360,000. In fact, Glen Echo is the only city on the list with a median price above $1 million.
Photo by Chris Ellenbogen.
Similar Posts:
See other articles related to: mount rainier, mount rainier home prices, suburban maryland, suburban maryland home prices, takoma park housing market
This article originally published at https://dc.urbanturf.com/articles/blog/the-6-maryland-suburbs-with-the-highest-home-price-appreciation-in-2020/17238.
Most Popular... This Week • Last 30 Days • Ever
This article discusses the variety of rental restrictions that may exist in condomini... read »
Today, UrbanTurf takes a look at the office-to-residential conversions on the boards ... read »
The new project is just the latest affordable development to move forward in DC.... read »
The nearly 12,000 square-foot McLean house of the former Washington Nationals pitcher... read »
The beautiful four-story property, with three renovated units offering more than $200... read »
- Understanding Rental Restrictions in Condominiums
- A Look At The 9 Office-To-Residential Conversions On The Boards in DC
- 11-Story, 46-Unit Development Pitched For A Pair Of Downtown DC Rowhouses
- Stephen Strasburg's McLean Home Sells For $8.55 Million
- Elegant Dupont Circle Rowhouse, Boasting Huge Rental Income Potential, Hits the Market
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro