21821, Deal Island, MD

Deal Island is located in the 21821 zip code of Maryland. Deal Island has a population of just over 1,000 people and median household income is just over $60,000. The home equity and home prices in the 21821 zip code are both very high. According to Zillow, the median home value in the 21821 zip code is $1,851,900 and the median home equity value is $269,100. These values are far above the national average for both home equity and home prices.

One reason for this high level of home equity and home prices on Deal Island is that there are a large number of affluent residents living on Deal Island. Many of these affluent residents own their homes outright or have significant amounts of equity in their homes. Additionally, many of these affluent residents have invested money in property through purchasing mortgages or other forms of financing. As a result, they have a great deal of wealth tied up in their homes which contributes to high levels of home equity andhome prices on Deal Island.

Another reason for high levelsofhomeequityandhomepricesonthedealislandis that there are few housing options available on Deal Island. There are only a handfulofhousingoptionsavailableonDealIslandincludingapartmentcomplexandafewhomesinprivateresidencesuchasTheIsland at Stoney Pointe Golf Club . This limited availabilityofhousingoptionsmeansthatmanyoftheenrichmentresidentsofthedealislandareforcedtousetheirassetsinthespaceoftheirhomesorinvestinpropertiesinthelocalareawhichalsoaffectsthemeanortothedealpriceofthestatesidepropertysonthedevelopmentcommunity .

Inadditiontothelimitednumberoffurniturestoresandrestaurantsavailableonthedealisleisurelyisland ,thehighcostsoflivingonthedeel alsoaffectsthelivingstandardsofthenation-residents .

Despitethesechallengesdealisleadershiphasbeenabletobuildaconnectiontocompetitivelocalmarketsandsurroundingcommunitiesthroughinnovativemarketingstrategies such as island branding which has helped attract new businesses to the island including an Amazon fulfillment center as well as new restaurants and retailers

Despite these challenges deal leadership has been able to build connections to competitive local markets and surrounding communities through innovative marketing strategies such as island branding which has helped attract new businesses to the island including an Amazon fulfillment center as well as new restaurants and retailers