Crownsville appreciation rates and housing market information

Crownsville housing market information

With 1,704 people, 536 houses or apartments, and a median cost of homes of $539,260, Crownsville house prices are not only among the most expensive in Maryland, Crownsville real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Crownsville, accounting for 75.37% of the town's housing units. Other types of housing that are prevalent in Crownsville include mobile homes or trailers (19.59%), duplexes, homes converted to apartments, or other small apartment buildings (2.99%), and a few row houses and other attached homes (2.05%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Crownsville. Owner-occupied housing accounts for 86.19% of Crownsville's homes, and 64.17% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Crownsville built from 1970-1994, 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 Crownsville built from 1940-1969 (21.08%). A lesser amount of the housing stock also hails from 1995 and later (12.87%), and some were built from 1939 and earlier (12.87%).

Crownsville home appreciation rates

In the last 10 years, Crownsville has experienced some of the highest home appreciation rates of any community in the nation. Crownsville real estate appreciated 154.05% over the last ten years, which is an average annual home appreciation rate of 15.40%, putting Crownsville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crownsville 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, Crownsville appreciation rates have trailed the rest of the nation. In the last twelve months, Crownsville's appreciation rate has been -2.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crownsville were at -0.45%, which equates to an annual appreciation rate of -1.80%.

Notably, Crownsville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Maryland, our data show that Crownsville's latest annual appreciation rate is higher than 91% of the other cities and towns in Maryland.