Arnold, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Arnold Neighborhoods Since 2000




Arnold, MD Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Arnold Housing Market Information

With a population of 24,124, 8,131 total housing units (homes and apartments), and a median house value of $417,103, Arnold house prices are not only among the most expensive in Maryland, Arnold 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 Arnold, accounting for 70.03% of the town's housing units. Other types of housing that are prevalent in Arnold include row houses and other attached homes ( 21.45%), large apartment complexes or high rise apartments ( 7.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arnold. Owner-occupied housing accounts for 85.59% of Arnold's homes, and 73.60% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arnold 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 Arnold built between 1940-1969 ( 20.52%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.42%). There's also some housing in Arnold built before 1939 ( 3.22%).

Arnold Home Appreciation Rates

Arnold's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Arnold during the period has been just -1.20%, which is lower than 70% of US communities.

Over the last year, Arnold appreciation rates have trailed the rest of the nation. In the last twelve months, Arnold's appreciation rate has been -0.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arnold were at -0.51%, which equates to an annual appreciation rate of -2.03%.

Relative to Maryland, our data show that Arnold's latest annual appreciation rate is lower than 90% 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 Arnold differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arnold - 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 Arnold real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$417,103

Arnold, MD HOME PRICES

Value Range
> $1,066,000 4.6
$799,001 - $1,066,000 6.1
$533,001 - $799,000 18.7
$427,001 - $533,000 18.2
$320,001 - $427,000 24.2
$213,001 - $320,000 19.3
$107,001 - $213,000 6.7
$53,001 - $107,000 0.3
$0 - $53,000 1.8

Very High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
8.61947732333294 19.0839694656489

Number Of Homes And Apartments:
8,131

Arnold Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
85.72% 3.65% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,302 / per month

Homeownership Rate

Homeownership
Owners 85.59
Renters 14.41
Vacant 5.49

Housing Market Details

 

Age of Homes

AGE OF Arnold HOMES
2000 or Newer 4.4
1970 - 1999 71.8
1940 - 1969 20.5
1939 or Older 3.2

Types of Homes

TYPE OF Arnold HOMES
Single-Family 70.0
Townhomes 21.4
Small Apt. Buildings 0.8
Apt. Complexes 7.3
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Arnold HOMES
No Bedroom 0.43
1 Bedroom 2.65
2 Bedrooms 12.31
3 Bedrooms 38.54
4 Bedrooms 35.06
5 or more bedrooms 11.01