21036, Dayton, MD

The 21036 zip code of Dayton, MD has a median home value of $151,000 and a median home equity value of $111,500. This is higher than the national median home value of $157,500 and the regional median home equity value of $107,000. The 21036 zip code also has a lower than average homeownership rate of 63%.

There are several factors that may contribute to the high home values in the 21036 zip code. First, Dayton is a desirable location with plenty of job opportunities and amenities. Second, there is strong demand for housing in this area due to its proximity to both downtown Dayton and Wright-Patterson Air Force Base. Finally, many homeowners in the 21036 zip code have invested in their homes over time through improvements such as new roofs or additions. As a result, their homes are worth more than if they had only purchased them recently.

Despite these high values, there are some risks associated with owning a home in the 21036 zip code. For example, if interest rates rise significantly from their current low levels or if the market crashes completely, homeowners could find themselves struggling to pay off their mortgages. Additionally, although crime rates are generally lower in suburban areas like the 21036 zip code compared to city centers, it is still important to keep your security measures up including installing locks on all doors and windows and keeping an eye on your property at all times.