Clarksville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clarksville Neighborhoods Since 2000




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 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

Clarksville Housing Market Information

With 9,723 people, 1,518 houses or apartments, and a median cost of homes of $155,820, 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 ( 93.08%).

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 ( 35.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.88%).

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 5.81%, which ranks in the top 40% nationwide. This equates to an annual average Clarksville house appreciation rate of 0.57%.

Appreciation rates are so strong in Clarksville that despite a nationwide downturn in the housing market, Clarksville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clarksville appreciation rates continue to be some of the highest in America, at 6.01%, which is higher than appreciation rates in 74.10% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clarksville. Clarksville appreciation rates in the latest quarter were at 1.69%, which equates to an annual appreciation rate of 6.95%.

Importantly, this makes Clarksville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Maryland, our data show that Clarksville's latest annual appreciation rate is higher than 90% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$155,820

Clarksville, MD HOME PRICES

Value Range
> $1,122,000 0.2
$842,001 - $1,122,000 0.3
$562,001 - $842,000 0.3
$449,001 - $562,000 0.8
$337,001 - $449,000 4.1
$224,001 - $337,000 14.5
$112,001 - $224,000 56.1
$56,001 - $112,000 14.2
$0 - $56,000 9.7

Very Low for MD
Average for Nation

Value Relative to Nation Value Relative to State
47.5155279503106 87.4045801526718

Number Of Homes And Apartments:
1,518

Clarksville 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
24.79% 1.29% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$959 / per month

Homeownership Rate

Homeownership
Owners 93.08
Renters 6.92
Vacant 4.24

Housing Market Details

 

Age of Homes

AGE OF Clarksville HOMES
2000 or Newer 35.2
1970 - 1999 61.1
1940 - 1969 2.9
1939 or Older 0.8

Types of Homes

TYPE OF Clarksville HOMES
Single-Family 80.3
Townhomes 8.8
Small Apt. Buildings 0.0
Apt. Complexes 10.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Clarksville HOMES
No Bedroom 0.00
1 Bedroom 0.42
2 Bedrooms 9.27
3 Bedrooms 16.35
4 Bedrooms 41.71
5 or more bedrooms 32.25