20758, Friendship, MD

The 20758 zip code of Friendship, MD has a median home value of $144,000. This is higher than the Maryland median home value of $130,000. The zip code also has a high percentage of homeownership (85%). This is higher than the Maryland homeownership rate of 72%.

There are several factors that may contribute to the high home values in the 20758 zip code of Friendship, MD. These include strong demand for housing in this area due to its proximity to Washington D.C., as well as relatively low levels of unemployment and poverty compared to other parts of Maryland. Additionally, there is a high level of education attainment in this zip code, which may lead to increased incomes and increased demand for housing.

Despite these positive factors, there are some challenges facing residents in the 20758 zip code of Friendship, MD when it comes to purchasing or selling homes. These include limited inventory availability and elevated prices relative to other areas within Maryland. In addition, some potential buyers may be deterred by the lack of available financing options in this area.