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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Capitol Heights, MD Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Capitol Heights, MD Housing Market Trends

With a population of 3,953, 1,282 total housing units (homes and apartments), and a median house value of $414,459, Capitol Heights real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Capitol Heights, accounting for 61.61% of the town's housing units. Other types of housing that are prevalent in Capitol Heights include row houses and other attached homes ( 29.26%), large apartment complexes or high rise apartments ( 9.13%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Capitol Heights. Owner-occupied housing accounts for 72.50% of Capitol Heights's homes, and 68.78% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Capitol Heights built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Capitol Heights built between 1940-1969 ( 37.78%). A lesser amount of the housing stock also hails from before 1939 ( 15.16%). There's also some housing in Capitol Heights built between 2000 and later ( 5.51%).

Capitol Heights Home Appreciation Rates

In the last 10 years, Capitol Heights has experienced some of the highest home appreciation rates of any community in the nation. Capitol Heights real estate appreciated 141.89% over the last ten years, which is an average annual home appreciation rate of 9.24%, putting Capitol Heights in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Capitol Heights definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Capitol Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Capitol Heights's appreciation rate has been 4.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Capitol Heights were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Maryland, our data show that Capitol Heights's latest annual appreciation rate is lower than 50% of the other cities and towns in Maryland.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Capitol Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Capitol Heights - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Capitol Heights real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$414,459

Capitol Heights, MD Home Prices
> $1,358,000
$1,019,001 - $1,358,000
$679,001 - $1,019,000
$543,001 - $679,000
$407,001 - $543,000
$272,001 - $407,000
$135,001 - $272,000
$68,001 - $135,000
$0 - $68,000
0.6%
0.6%
0.0%
0.0%
2.2%
2.2%
12.5%
12.5%
40.3%
40.3%
34.3%
34.3%
6.4%
6.4%
0.8%
0.8%
2.8%
2.8%
0% 100.0%
% of Homes
Low

for Maryland

High

for nation

Number of Homes And Apartments:

1,282

Capitol Heights Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,433 / per month

Homeownership Rate

Owners
Renters
72.5%
72.5%
27.5%
27.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.3%
3.3%
96.7%
96.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.5%
5.5%
41.6%
41.6%
37.8%
37.8%
15.2%
15.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.6%
61.6%
29.3%
29.3%
0.0%
0.0%
9.1%
9.1%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
6.2%
6.2%
14.8%
14.8%
47.2%
47.2%
21.6%
21.6%
9.1%
9.1%
0% 100.0%
% of Homes