Burtonsville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Burtonsville Neighborhoods Since 2000




Burtonsville, 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

Burtonsville Housing Market Information

With 8,794 people, 3,042 houses or apartments, and a median cost of homes of $337,063, real estate costs in Burtonsville 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 Burtonsville, accounting for 55.46% of the town's housing units. Other types of housing that are prevalent in Burtonsville include row houses and other attached homes ( 31.08%), large apartment complexes or high rise apartments ( 11.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.88%).

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 77.09% of Burtonsville's homes, and 61.93% 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 1940-1969 ( 16.56%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.08%). There's also some housing in Burtonsville built before 1939 ( 1.28%).

Burtonsville Home Appreciation Rates

Homes have actually lost value in Burtonsville over the last then years, as home values have seen a decline of 19.94% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Burtonsville home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

Over the last year, Burtonsville appreciation rates have trailed the rest of the nation. In the last twelve months, Burtonsville's appreciation rate has been 0.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Burtonsville were at -0.17%, which equates to an annual appreciation rate of -0.70%.

Relative to Maryland, our data show that Burtonsville's latest annual appreciation rate is lower than 80% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$337,063

Burtonsville, MD HOME PRICES

Value Range
> $1,073,000 0.6
$805,001 - $1,073,000 6.4
$536,001 - $805,000 16.9
$429,001 - $536,000 15.6
$322,001 - $429,000 19.7
$214,001 - $322,000 36.3
$107,001 - $214,000 2.6
$54,001 - $107,000 0.1
$0 - $54,000 1.8

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
13.137231923122 34.3511450381679

Number Of Homes And Apartments:
3,042

Burtonsville 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
74.91% 3.29% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,187 / per month

Homeownership Rate

Homeownership
Owners 77.09
Renters 22.91
Vacant 2.94

Housing Market Details

 

Age of Homes

AGE OF Burtonsville HOMES
2000 or Newer 7.1
1970 - 1999 75.1
1940 - 1969 16.6
1939 or Older 1.3

Types of Homes

TYPE OF Burtonsville HOMES
Single-Family 55.5
Townhomes 31.1
Small Apt. Buildings 1.9
Apt. Complexes 11.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Burtonsville HOMES
No Bedroom 0.00
1 Bedroom 2.97
2 Bedrooms 17.61
3 Bedrooms 31.17
4 Bedrooms 30.76
5 or more bedrooms 17.49