Bethesda, MD

Population: 60,858
Average annual home appreciation rate: 5.41%
Total of homes for sale in this market: 186
Median home price: $855,720
Median Rent: $2,068 per room
Home price range: 28.44% of homes are between $794,001 – $1,059,000
Median sales price: No data
Number of homes: 39
Median foreclosure sales price: $900,000
Foreclosure discount: No data
Most common home type: 57.73% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.08%
Number of renters: 32.45%
Number of owner occupied: 67.55%
Number people living below poverty level: 2.81%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Bethesda area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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