Cockeysville, 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 Q1 2021. 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

Cockeysville, MD Housing Market Trends

With 21,341 people, 9,233 houses or apartments, and a median cost of homes of $392,839, real estate costs in Cockeysville 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.

Large apartment complexes or high rise apartments are the single most common housing type in Cockeysville, accounting for 63.35% of the town's housing units. Other types of housing that are prevalent in Cockeysville include single-family detached homes ( 22.49%), row houses and other attached homes ( 11.92%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.23%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Cockeysville is dominated by renter-occupied one, two, or no bedrooms apartments. 66.57% of Cockeysville's dwellings are rentals.

There is a lot of housing in Cockeysville 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 Cockeysville built between 1940-1969 ( 29.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.90%). There's also some housing in Cockeysville built before 1939 ( 3.10%).

Cockeysville Home Appreciation Rates

Cockeysville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Cockeysville during the period has been just 2.37%, which is lower than 70% of US communities.

Over the last year, Cockeysville appreciation rates have trailed the rest of the nation. In the last twelve months, Cockeysville's appreciation rate has been 3.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cockeysville were at 1.59%, which equates to an annual appreciation rate of 6.50%.

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

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Cockeysville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cockeysville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Cockeysville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$392,839

Cockeysville, MD HOME PRICES

> $1,170,000
0.6%
0.6%
$877,001 - $1,170,000
4.3%
4.3%
$585,001 - $877,000
10.5%
10.5%
$468,001 - $585,000
14.1%
14.1%
$351,001 - $468,000
30.6%
30.6%
$234,001 - $351,000
33.9%
33.9%
$117,001 - $234,000
4.6%
4.6%
$59,001 - $117,000
0.1%
0.1%
$0 - $59,000
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for MD

Value Relative To Nation

Number Of Homes And Apartments:
9,233

Cockeysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
102.54% 3.38%
7
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,704 / per month

Homeownership Rate

Owners
33.4%
33.4%
Renters
66.6%
66.6%
Vacant
6.9%
6.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
6.9%
6.9%
1970 - 1999
60.3%
60.3%
1940 - 1969
29.7%
29.7%
1939 or Older
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
22.5%
22.5%
Townhomes
11.9%
11.9%
Small Apt. Buildings
2.2%
2.2%
Apt. Complexes
63.4%
63.4%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.4%
4.4%
1 Bedroom
27.5%
27.5%
2 Bedrooms
34.9%
34.9%
3 Bedrooms
17.7%
17.7%
4 Bedrooms
13.3%
13.3%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES