Housing Insights for ZIP Code 20692 (Valley Lee, MD)

Home Values in ZIP Code 20692 (Valley Lee, MD)

The median home value in ZIP Code 20692 is $408,100. That median value is about 30% higher than the median home value of $314,800 in Maryland overall, and is 88% higher than the $217,500 the median home value in the entire U.S. Approximately 65.5% of homes in ZIP Code 20692 are valued $300,000 to $499,999. That is 100% higher than in Maryland, in which 32.8% of homes are valued at $300,000 to $499,999, and is about 239% 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 20692 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 20692

This chart visualizes the breakdown of home values in ZIP Code 20692, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20692 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20692

See the table below for a regional comparison of home values in ZIP Code 20692.

Home Value ZIP 20692 Maryland U.S.
Less than $50,000 0.0% 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 16.1% 24.4% 19.6%
$300,000 to $499,999 65.5% 32.8% 19.3%
$500,000 to $999,999 18.3% 17.1% 11.4%
$1,000,000 or more 0.0% 3.1% 3.4%

Home Ages in ZIP Code 20692 (Valley Lee, MD)

Approximately 48.1% of homes in this Valley Lee, MD region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 20692 is about 322% higher than percentage of homes built in this time period in Maryland overall (11.4% of homes), and is 244% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 24.9% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.0% of homes in this St. Mary's County ZIP Code were built in 1939 or earlier in ZIP Code 20692. In comparison, 11.8% of homes in Maryland overall were built in 1939 or earlier, while 12.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20692

A detailed regional comparison of home ages in ZIP Code 20692.

Year Built ZIP 20692 Maryland U.S.
2014 or later 0.0% 2.3% 2.5%
2010 to 2013 5.1% 2.6% 2.7%
2000 to 2009 48.1% 11.4% 14.0%
1990 to 1999 8.0% 14.3% 13.9%
1980 to 1989 24.9% 15.3% 13.4%
1970 to 1979 13.9% 14.1% 15.2%
1960 to 1969 0.0% 11.5% 10.6%
1950 to 1959 0.0% 11.4% 10.3%
1940 to 1949 0.0% 5.2% 4.9%
1939 or earlier 0.0% 11.8% 12.6%

Age of Homes in ZIP Code 20692

See the chart below for details on the age of homes in ZIP Code 20692, 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 20692

Frequently asked questions about housing in this Valley Lee, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20692.

1

What is the average home value ZIP Code 20692?

The median home value in ZIP Code 20692 (Valley Lee, MD) is $408,100.
2

Are homes expensive in ZIP Code 20692?

The median home value in 20692 ($408,100) is an estimated 30% higher than the aggregate median value of $314,800 in Maryland, and is 88% higher than the $217,500 the median home value in the U.S. overall.
3

Does ZIP Code 20692 have older homes or newer construction?

In ZIP Code 20692, about 48.1% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 24.9% of homes in the region were built in 1980 to 1989. In contrast, 0.0% of homes in 20692 were built in 1939 or earlier.