Home | Newsletter | Advertise

The Maryland Suburbs With the Highest Home Price Appreciation in 2020

  • August 26th 2020

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

A home for sale in Mount Rainier.

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. 

Click to enlarge.

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:

This article originally published at https://dc.urbanturf.com/articles/blog/the-6-maryland-suburbs-with-the-highest-home-price-appreciation-in-2020/17238.

Pipeline: New Condos & Apartments Coming to the DC Area

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse