Clarksburg, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clarksburg Neighborhoods Since 2000




Clarksburg, 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

Clarksburg Housing Market Information

With 14,526 people, 5,555 houses or apartments, and a median cost of homes of $467,224, Clarksburg house prices are not only among the most expensive in Maryland, Clarksburg real estate also is some of the most expensive in all of America.

Clarksburg is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Clarksburg 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 Clarksburg. Owner-occupied housing accounts for 87.10% of Clarksburg's homes, and 72.50% have either three or four bedrooms, which is average sized relative to America.

Clarksburg homes and real estate are some of the newest in America. 81.77% of Clarksburg'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 Clarksburg real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 11.45%), and between 1940-1969 ( 5.96%).

Clarksburg Home Appreciation Rates

Homes have actually lost value in Clarksburg over the last then years, as home values have seen a decline of 19.92% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Clarksburg home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

Over the last year, Clarksburg appreciation rates have trailed the rest of the nation. In the last twelve months, Clarksburg's appreciation rate has been 0.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clarksburg were at -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$467,224

Clarksburg, MD HOME PRICES

Value Range
> $1,056,000 1.4
$792,001 - $1,056,000 4.2
$528,001 - $792,000 31.2
$422,001 - $528,000 22.0
$317,001 - $422,000 23.8
$211,001 - $317,000 11.9
$106,001 - $211,000 3.8
$53,001 - $106,000 0.0
$0 - $53,000 1.6

Very High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
6.83815774053674 13.7404580152672

Number Of Homes And Apartments:
5,555

Clarksburg 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
70.19% 3.13% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,535 / per month

Homeownership Rate

Homeownership
Owners 87.10
Renters 12.90
Vacant 3.21

Housing Market Details

 

Age of Homes

AGE OF Clarksburg HOMES
2000 or Newer 81.8
1970 - 1999 11.4
1940 - 1969 6.0
1939 or Older 0.8

Types of Homes

TYPE OF Clarksburg HOMES
Single-Family 52.8
Townhomes 39.3
Small Apt. Buildings 3.2
Apt. Complexes 4.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Clarksburg HOMES
No Bedroom 0.49
1 Bedroom 0.63
2 Bedrooms 8.31
3 Bedrooms 37.81
4 Bedrooms 34.69
5 or more bedrooms 18.07

Popular Neighborhoods in Clarksburg

Zip Codes in Clarksburg, MD