Clarksville, 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 Q4 2020. 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

Clarksville, MD Housing Market Trends

With 10,104 people, 1,619 houses or apartments, and a median cost of homes of $186,602, Clarksville real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Clarksville homes are still considered rather expensive.

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

The large homes that make up Clarksville are primarily owner-occupied ( 90.83%).

There is a lot of housing in Clarksville 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 Clarksville built between 2000 and later ( 36.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.88%). There's also some housing in Clarksville built before 1939 ( 1.39%).

Clarksville Home Appreciation Rates

Appreciation rates for homes in Clarksville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 32.29%, which ranks in the top 50% nationwide. This equates to an annual average Clarksville house appreciation rate of 2.84%.

NeighborhoodScout's data show that during the latest twelve months, Clarksville's appreciation rate, at 5.19%, has been at or slightly above the national average. In the latest quarter, Clarksville's appreciation rate has been 1.93%, which annualizes to a rate of 7.95%.

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

Average Home Values

 

Median Home Value:
$186,602

Clarksville, MD HOME PRICES

> $1,192,000
0.2%
0.2%
$894,001 - $1,192,000
0.7%
0.7%
$596,001 - $894,000
0.5%
0.5%
$477,001 - $596,000
1.6%
1.6%
$358,001 - $477,000
6.3%
6.3%
$238,001 - $358,000
17.4%
17.4%
$119,001 - $238,000
59.8%
59.8%
$59,001 - $119,000
8.7%
8.7%
$0 - $59,000
4.7%
4.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very Low for MD

Value Relative To Nation

Number Of Homes And Apartments:
1,619

Clarksville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
49.88% 1.95%
1
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,104 / per month

Homeownership Rate

Owners
90.8%
90.8%
Renters
9.2%
9.2%
Vacant
1.7%
1.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
36.2%
36.2%
1970 - 1999
60.5%
60.5%
1940 - 1969
1.9%
1.9%
1939 or Older
1.4%
1.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
82.7%
82.7%
Townhomes
7.2%
7.2%
Small Apt. Buildings
0.8%
0.8%
Apt. Complexes
9.2%
9.2%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.3%
0.3%
1 Bedroom
0.5%
0.5%
2 Bedrooms
7.8%
7.8%
3 Bedrooms
10.9%
10.9%
4 Bedrooms
45.0%
45.0%
5 or more bedrooms
35.4%
35.4%
0.0% 100.0%
% OF HOMES