Housing Insights for ZIP Code 20687 (Scotland, MD)

Home Values in ZIP Code 20687 (Scotland, MD)

The median home value in ZIP Code 20687 is $335,000. That median value is about 6% higher than the median home value of $314,800 in Maryland overall, and is 54% higher than the $217,500 the median home value in the entire U.S. Approximately 37.0% of homes in ZIP Code 20687 are valued $300,000 to $499,999. That is 13% higher than in Maryland, in which 32.8% of homes are valued at $300,000 to $499,999, and is about 92% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 20687 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 20687

This chart visualizes the breakdown of home values in ZIP Code 20687, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20687 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20687

See the table below for a regional comparison of home values in ZIP Code 20687.

Home Value ZIP 20687 Maryland U.S.
Less than $50,000 13.6% 2.7% 6.9%
$50,000 to $99,999 0.0% 3.7% 12.0%
$100,000 to $149,999 0.0% 6.3% 13.3%
$150,000 to $199,999 0.0% 9.9% 14.0%
$200,000 to $299,999 27.8% 24.4% 19.6%
$300,000 to $499,999 37.0% 32.8% 19.3%
$500,000 to $999,999 21.6% 17.1% 11.4%
$1,000,000 or more 0.0% 3.1% 3.4%

Home Ages in ZIP Code 20687 (Scotland, MD)

Approximately 44.2% of homes in this Scotland, MD region were built in 1940 to 1949. This amount of homes built in 1940 to 1949 in ZIP Code 20687 is about 750% higher than percentage of homes built in this time period in Maryland overall (5.2% of homes), and is 802% higher the percentage (4.9% of homes) in the U.S. as a whole. Additionally, an esimated 19.4% of local homes were built in 1960 to 1969. On the other end of the scale, just 0.0% of homes in this St. Mary's County ZIP Code were built in 1990 to 1999 in ZIP Code 20687. In comparison, 14.3% of homes in Maryland overall were built in 1990 to 1999, while 13.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20687

A detailed regional comparison of home ages in ZIP Code 20687.

Year Built ZIP 20687 Maryland U.S.
2014 or later 0.0% 2.3% 2.5%
2010 to 2013 0.0% 2.6% 2.7%
2000 to 2009 11.2% 11.4% 14.0%
1990 to 1999 0.0% 14.3% 13.9%
1980 to 1989 8.3% 15.3% 13.4%
1970 to 1979 7.2% 14.1% 15.2%
1960 to 1969 19.4% 11.5% 10.6%
1950 to 1959 7.2% 11.4% 10.3%
1940 to 1949 44.2% 5.2% 4.9%
1939 or earlier 2.5% 11.8% 12.6%

Age of Homes in ZIP Code 20687

See the chart below for details on the age of homes in ZIP Code 20687, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 20687

Frequently asked questions about housing in this Scotland, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20687.

1

What is the average home value ZIP Code 20687?

The median home value in ZIP Code 20687 (Scotland, MD) is $335,000.
2

Are homes expensive in ZIP Code 20687?

The median home value in 20687 ($335,000) is an estimated 6% higher than the aggregate median value of $314,800 in Maryland, and is 54% higher than the $217,500 the median home value in the U.S. overall.
3

Does ZIP Code 20687 have older homes or newer construction?

In ZIP Code 20687, about 44.2% of homes were built in 1940 to 1949. That time range includes the most home construction. Also, 19.4% of homes in the region were built in 1960 to 1969. In contrast, 0.0% of homes in 20687 were built in 1990 to 1999.