Clarksville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Clarksville, 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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Clarksville Housing Market Information

With a population of 9,841, 1,602 total housing units (homes and apartments), and a median house value of $165,077, 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 ( 91.71%).

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 ( 34.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.88%). There's also some housing in Clarksville built before 1939 ( 1.34%).

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 15.21%, which ranks in the top 50% nationwide. This equates to an annual average Clarksville house appreciation rate of 1.43%.

NeighborhoodScout's data show that during the latest twelve months, Clarksville's appreciation rate, at 5.79%, has been at or slightly above the national average. In the latest quarter, Clarksville's appreciation rate has been 1.82%, which annualizes to a rate of 7.49%.

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:
$165,077

Clarksville, MD HOME PRICES

Value Range
> $1,197,000 0.1
$898,001 - $1,197,000 0.4
$598,001 - $898,000 0.3
$479,001 - $598,000 1.3
$359,001 - $479,000 4.1
$239,001 - $359,000 14.5
$120,001 - $239,000 56.2
$60,001 - $120,000 13.7
$0 - $60,000 9.4

Very Low for MD
Average for Nation

Value Relative to Nation Value Relative to State
49.585401459854 87.593984962406

Number Of Homes And Apartments:
1,602

Clarksville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
35.01% 1.61%
1
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,077 / per month

Homeownership Rate

Homeownership
Owners 91.71
Renters 8.29
Vacant 1.69

Housing Market Details

 

Age of Homes

AGE OF Clarksville HOMES
2000 or Newer 34.9
1970 - 1999 60.9
1940 - 1969 2.9
1939 or Older 1.3

Types of Homes

TYPE OF Clarksville HOMES
Single-Family 81.7
Townhomes 8.7
Small Apt. Buildings 0.2
Apt. Complexes 9.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Clarksville HOMES
No Bedroom 0.35
1 Bedroom 0.00
2 Bedrooms 6.43
3 Bedrooms 16.36
4 Bedrooms 43.69
5 or more bedrooms 33.17