Burtonsville, MD Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Burtonsville, MD Housing Market Trends

With a population of 8,794, 2,860 total housing units (homes and apartments), and a median house value of $383,630, Burtonsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Burtonsville, accounting for 44.56% of the town's housing units. Other types of housing that are prevalent in Burtonsville include row houses and other attached homes ( 38.23%), large apartment complexes or high rise apartments ( 16.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Burtonsville. Owner-occupied housing accounts for 71.19% of Burtonsville's homes, and 59.60% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Burtonsville 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 Burtonsville built between 2000 and later ( 12.95%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.44%).

Burtonsville Home Appreciation Rates

Real estate appreciation rates in Burtonsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.12% during the period.

NeighborhoodScout's data show that during the latest twelve months, Burtonsville's appreciation rate, at 9.49%, has been at or slightly above the national average. In the latest quarter, Burtonsville's appreciation rate has been 2.67%, which annualizes to a rate of 11.14%.

Relative to Maryland, our data show that Burtonsville's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$383,630

Burtonsville, MD HOME PRICES

> $1,202,000
1.7%
1.7%
$902,001 - $1,202,000
4.2%
4.2%
$601,001 - $902,000
19.5%
19.5%
$481,001 - $601,000
13.4%
13.4%
$361,001 - $481,000
25.4%
25.4%
$240,001 - $361,000
34.3%
34.3%
$120,001 - $240,000
1.0%
1.0%
$60,001 - $120,000
0.2%
0.2%
$0 - $60,000
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for MD

Value Relative To Nation

Number Of Homes And Apartments:
2,860

Burtonsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
111.81% 3.55%
8
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,476 / per month

Homeownership Rate

Owners
71.2%
71.2%
Renters
28.8%
28.8%
Vacant
1.8%
1.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.0%
13.0%
1970 - 1999
73.9%
73.9%
1940 - 1969
12.4%
12.4%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
44.6%
44.6%
Townhomes
38.2%
38.2%
Small Apt. Buildings
0.9%
0.9%
Apt. Complexes
16.3%
16.3%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.6%
0.6%
1 Bedroom
3.2%
3.2%
2 Bedrooms
21.8%
21.8%
3 Bedrooms
38.8%
38.8%
4 Bedrooms
20.8%
20.8%
5 or more bedrooms
14.8%
14.8%
0.0% 100.0%
% OF HOMES