Zip Code:

20676, Port Republic, MD

20676 is a Maryland Zip code within the city of Port Republic and the county of Calvert County. Its population is roughly 3,848.

The Real Estate Market in 20676 Zip Code, Port Republic, MD

The 20676 zip code of Port Republic, MD is located in Prince George's County and has a population of approximately 11,000. The median household income in the zip code is $92,000 and the median home value is $269,900.

Home equity in the 20676 zip code has increased significantly over the past few years. In 2007, the home equity in this zip code was only $128,000. However, by 2016 home equity had increased to $269,900. This increase can be attributed to several factors: rising prices across all markets nationwide, low interest rates that have helped to stimulate borrowing activity for homeownership investments, and increasing demand from buyers who are looking for good quality homes at reasonable prices.

While there are some areas of the 20676 zip code where home values are lower than average (due to lower demand), overall home values in this area are quite high relative to other parts of Prince George's County. This high level of home equity may make it more difficult for residents to sell their homes should they decide they want to move or if they experience financial difficulties. However, it also means that homeowners in the 20676 zip code have a lot of stability and security when it comes to their housing investments.

Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)

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