Brandywine, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Brandywine Neighborhoods Since 2000




Brandywine, 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

Brandywine Housing Market Information

With a population of 7,063, 2,848 total housing units (homes and apartments), and a median house value of $367,044, real estate costs in Brandywine 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.

Brandywine is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Brandywine than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brandywine. Owner-occupied housing accounts for 90.70% of Brandywine's homes, and 75.76% have either three or four bedrooms, which is average sized relative to America.

Brandywine homes and real estate are some of the newest in America. 50.24% of Brandywine's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Brandywine real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 23.33%), and between 1940-1969 ( 23.13%). There's also some housing in Brandywine built before 1939 ( 3.31%).

Brandywine Home Appreciation Rates

Homes have actually lost value in Brandywine over the last then years, as home values have seen a decline of 26.49% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Brandywine home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

Over the last year, Brandywine appreciation rates have trailed the rest of the nation. In the last twelve months, Brandywine's appreciation rate has been 2.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brandywine were at -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$367,044

Brandywine, MD HOME PRICES

Value Range
> $1,120,000 0.6
$840,001 - $1,120,000 1.5
$560,001 - $840,000 7.7
$448,001 - $560,000 15.4
$336,001 - $448,000 29.6
$224,001 - $336,000 28.2
$112,001 - $224,000 9.5
$56,001 - $112,000 3.6
$0 - $56,000 3.9

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
11.0746513535685 27.8625954198473

Number Of Homes And Apartments:
2,848

Brandywine 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
51.63% 2.44% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,875 / per month

Homeownership Rate

Homeownership
Owners 90.70
Renters 9.30
Vacant 3.85

Housing Market Details

 

Age of Homes

AGE OF Brandywine HOMES
2000 or Newer 50.2
1970 - 1999 23.3
1940 - 1969 23.1
1939 or Older 3.3

Types of Homes

TYPE OF Brandywine HOMES
Single-Family 86.4
Townhomes 12.3
Small Apt. Buildings 0.0
Apt. Complexes 0.3
Mobile Homes 0.2
Other 0.8

Home Size

SIZE OF Brandywine HOMES
No Bedroom 0.81
1 Bedroom 0.00
2 Bedrooms 6.89
3 Bedrooms 28.70
4 Bedrooms 47.06
5 or more bedrooms 16.54