21620, Chestertown, MD

Chestertown, MD is located in Kent County and has a population of just over 10,000. The median household income in the zip code is just under $75,000 and the median home value is just over $230,000. The 21620 zip code has a high percentage of homeowners (77%) and a low percentage of renters (23%).

There has been a significant increase in home equity in the 21620 zip code over the past five years. In 2011, the home equity was just over $130,000. By 2016, this had increased to over $240,000. This indicates that there is strong demand for homes in this area and that homeowners are able to generate significant wealth through their homes.

While there has been an increase in home equity values in the 21620 zip code, there has also been an increase in home prices. In 2011, the median home price was just under $230,000. By 2016, this had increased to nearly $300,000. This indicates that while homeowners are able to generate significant wealth through their homes, they are also able to sell their homes at a higher price than they bought them for.