Waldorf, MD (La Plata)

Population: 67,752
Average annual home appreciation rate: -0.96%
Total of homes for sale in this market: 266
Median home price: $291,835
Median Rent: $1,694 per room
Home price range: 43.87% of homes are between $221,001 – $332,000
Median sales price: $219,950
Number of homes: 291
Median foreclosure sales price: $212,000
Foreclosure discount: $18,690 ( 8.1% )
Most common home type: 59.59% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.36%
Number of renters: 29.21%
Number of owner occupied: 70.79%
Number people living below poverty level: 8.36%
Unemployment rate: 5.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Waldorf 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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