Median real estate price in the Town Center of Lusby is $391,327, which is more expensive than 75.6% of the neighborhoods in Maryland and 81.4% of the neighborhoods in the U.S.
The average rental price in Lusby Town Center is currently $1,879, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.6% of the neighborhoods in Maryland.
Lusby Town Center is a suburban neighborhood (based on population density) located in Lusby, Maryland.
Real estate in the Town Center of Lusby, MD is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Lusby Town Center. The current real estate vacancy rate here is 23.0%. This is higher than the rate of vacancies in 89.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.