Beltsville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Beltsville Neighborhoods Since 2000




Beltsville, 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

Beltsville Housing Market Information

With 17,631 people, 5,622 houses or apartments, and a median cost of homes of $338,043, real estate costs in Beltsville are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Maryland communities.

Single-family detached homes are the single most common housing type in Beltsville, accounting for 51.01% of the town's housing units. Other types of housing that are prevalent in Beltsville include large apartment complexes or high rise apartments ( 40.46%), row houses and other attached homes ( 7.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.06%).

The most prevalent building size and type in Beltsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.46% owning and 39.54% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Beltsville's housing was primarily built during this period, from the '40s through the '60s. A full 54.27% of the town's housing hails from this era. Other housing ages represented in Beltsville include homes built between 1970-1999 ( 36.62%) and housing constructed between 2000 and later ( 5.36%). There's also some housing in Beltsville built before 1939 ( 3.75%).

Beltsville Home Appreciation Rates

Homes have actually lost value in Beltsville over the last then years, as home values have seen a decline of 27.30% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Beltsville home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

Over the last year, Beltsville appreciation rates have trailed the rest of the nation. In the last twelve months, Beltsville's appreciation rate has been 2.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Beltsville were at -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$338,043

Beltsville, MD HOME PRICES

Value Range
> $1,190,000 0.0
$892,001 - $1,190,000 0.0
$595,001 - $892,000 0.8
$476,001 - $595,000 5.5
$357,001 - $476,000 24.1
$238,001 - $357,000 38.2
$119,001 - $238,000 23.7
$60,001 - $119,000 6.7
$0 - $60,000 0.9

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
13.0903550919958 33.969465648855

Number Of Homes And Apartments:
5,622

Beltsville 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
64.30% 2.92% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,079 / per month

Homeownership Rate

Homeownership
Owners 60.46
Renters 39.54
Vacant 7.01

Housing Market Details

 

Age of Homes

AGE OF Beltsville HOMES
2000 or Newer 5.4
1970 - 1999 36.6
1940 - 1969 54.3
1939 or Older 3.8

Types of Homes

TYPE OF Beltsville HOMES
Single-Family 51.0
Townhomes 7.5
Small Apt. Buildings 1.1
Apt. Complexes 40.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Beltsville HOMES
No Bedroom 1.82
1 Bedroom 10.37
2 Bedrooms 26.71
3 Bedrooms 29.56
4 Bedrooms 21.63
5 or more bedrooms 9.91