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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 64,169 people, 25,007 houses or apartments, and a median cost of homes of $1,040,668, Bethesda house prices are not only among the most expensive in Maryland, Bethesda 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 Bethesda, accounting for 57.52% of the town's housing units. Other types of housing that are prevalent in Bethesda include large apartment complexes or high rise apartments ( 36.95%), row houses and other attached homes ( 4.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.34%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bethesda. Owner-occupied housing accounts for 66.95% of Bethesda's homes, and 44.01% have either three or four bedrooms, which is average sized relative to America.
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. Bethesda's housing was primarily built during this period, from the '40s through the '60s. A full 52.11% of the town's housing hails from this era. Other housing ages represented in Bethesda include homes built between 1970-1999 ( 27.69%) and housing constructed between 2000 and later ( 11.30%). There's also some housing in Bethesda built before 1939 ( 8.90%).
In the last 10 years, Bethesda has experienced some of the highest home appreciation rates of any community in the nation. Bethesda real estate appreciated 19.26% over the last ten years, which is an average annual home appreciation rate of 1.78%, putting Bethesda in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bethesda definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Bethesda's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Bethesda's appreciation rate has been 0.46%, which annualizes to a rate of 1.85%.
Notably, Bethesda's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Maryland, our data show that Bethesda's latest annual appreciation rate is higher 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 Bethesda differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bethesda - 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 Bethesda real estate investment or home purchase decisions.
|$854,001 - $1,139,000||28.1|
|$570,001 - $854,000||24.7|
|$456,001 - $570,000||4.4|
|$342,001 - $456,000||6.8|
|$228,001 - $342,000||3.8|
|$114,001 - $228,000||1.6|
|$57,001 - $114,000||0.2|
|$0 - $57,000||1.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
2000 Q1 - 2017 Q3
|* 10 is highest|
|AGE OF Bethesda HOMES|
|2000 or Newer||11.3|
|1970 - 1999||27.7|
|1940 - 1969||52.1|
|1939 or Older||8.9|
|TYPE OF Bethesda HOMES|
|Small Apt. Buildings||1.3|
|SIZE OF Bethesda HOMES|
|5 or more bedrooms||15.88|