Bladensburg, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bladensburg Neighborhoods Since 2000




Bladensburg, 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

Bladensburg Housing Market Information

With 9,640 people, 3,641 houses or apartments, and a median cost of homes of $194,204, Bladensburg real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Bladensburg, accounting for 72.10% of the town's housing units. Other types of housing that are prevalent in Bladensburg include single-family detached homes ( 20.87%), row houses and other attached homes ( 4.01%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.02%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Bladensburg is dominated by renter-occupied one, two, or no bedrooms apartments. 77.04% of Bladensburg's dwellings are rentals.

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. Bladensburg's housing was primarily built during this period, from the '40s through the '60s. A full 43.95% of the town's housing hails from this era. Other housing ages represented in Bladensburg include homes built between 1970-1999 ( 35.08%) and housing constructed before 1939 ( 12.27%). There's also some housing in Bladensburg built between 2000 and later ( 8.70%).

Bladensburg Home Appreciation Rates

Bladensburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bladensburg during the period has been just -2.08%, which is lower than 80% of US communities.

Over the last year, Bladensburg appreciation rates have trailed the rest of the nation. In the last twelve months, Bladensburg's appreciation rate has been 2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bladensburg were at -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$194,204

Bladensburg, MD HOME PRICES

Value Range
> $1,081,000 0.0
$810,001 - $1,081,000 0.0
$540,001 - $810,000 0.0
$432,001 - $540,000 0.4
$324,001 - $432,000 8.6
$216,001 - $324,000 35.9
$108,001 - $216,000 46.6
$54,001 - $108,000 3.7
$0 - $54,000 4.9

Low for MD
High for Nation

Value Relative to Nation Value Relative to State
33.6810031641861 78.6259541984733

Number Of Homes And Apartments:
3,641

Bladensburg 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
83.18% 3.57% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,425 / per month

Homeownership Rate

Homeownership
Owners 22.96
Renters 77.04
Vacant 9.22

Housing Market Details

 

Age of Homes

AGE OF Bladensburg HOMES
2000 or Newer 8.7
1970 - 1999 35.1
1940 - 1969 44.0
1939 or Older 12.3

Types of Homes

TYPE OF Bladensburg HOMES
Single-Family 20.9
Townhomes 4.0
Small Apt. Buildings 3.0
Apt. Complexes 72.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Bladensburg HOMES
No Bedroom 2.07
1 Bedroom 40.41
2 Bedrooms 28.65
3 Bedrooms 17.98
4 Bedrooms 8.10
5 or more bedrooms 2.79