Belcamp, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Belcamp Neighborhoods Since 2000




Belcamp, 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

Belcamp Housing Market Information

With a population of 11,733, 2,668 total housing units (homes and apartments), and a median house value of $134,609, house prices in Belcamp are solidly below the national average.

Row houses and other attached homes are the single most common housing type in Belcamp, accounting for 51.37% of the town's housing units. Other types of housing that are prevalent in Belcamp include single-family detached homes ( 33.40%), large apartment complexes or high rise apartments ( 12.05%), and a few mobile homes or trailers ( 2.88%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Belcamp. Owner-occupied housing accounts for 73.46% of Belcamp's homes, and 74.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Belcamp 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 Belcamp built between 2000 and later ( 29.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.48%). There's also some housing in Belcamp built before 1939 ( 4.07%).

Belcamp Home Appreciation Rates

Appreciation rates for homes in Belcamp have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.44%, which ranks in the top 50% nationwide. This equates to an annual average Belcamp house appreciation rate of 0.44%.

Over the last year, Belcamp appreciation rates have trailed the rest of the nation. In the last twelve months, Belcamp's appreciation rate has been 0.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Belcamp were at -0.11%, which equates to an annual appreciation rate of -0.45%.

Relative to Maryland, our data show that Belcamp's latest annual appreciation rate is lower than 80% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$134,609

Belcamp, MD HOME PRICES

Value Range
> $1,075,000 1.2
$806,001 - $1,075,000 0.5
$538,001 - $806,000 1.3
$430,001 - $538,000 1.2
$322,001 - $430,000 3.4
$215,001 - $322,000 7.7
$108,001 - $215,000 48.1
$54,001 - $108,000 27.2
$0 - $54,000 9.3

Very Low for MD
Average for Nation

Value Relative to Nation Value Relative to State
57.3274346654166 91.9847328244275

Number Of Homes And Apartments:
2,668

Belcamp 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
30.90% 1.57% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$852 / per month

Homeownership Rate

Homeownership
Owners 73.46
Renters 26.54
Vacant 5.60

Housing Market Details

 

Age of Homes

AGE OF Belcamp HOMES
2000 or Newer 29.5
1970 - 1999 59.0
1940 - 1969 7.5
1939 or Older 4.1

Types of Homes

TYPE OF Belcamp HOMES
Single-Family 33.4
Townhomes 51.4
Small Apt. Buildings 0.3
Apt. Complexes 12.1
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Belcamp HOMES
No Bedroom 0.18
1 Bedroom 1.20
2 Bedrooms 21.46
3 Bedrooms 55.23
4 Bedrooms 18.78
5 or more bedrooms 3.15