Dundalk, MD


Highest Appreciating Dundalk Neighborhoods Since 2000

Dundalk, 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

Dundalk Housing Market Information

With a population of 65,327, 23,506 total housing units (homes and apartments), and a median house value of $149,172, Dundalk real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Dundalk homes are still considered rather expensive.

Row houses and other attached homes are the single most common housing type in Dundalk, accounting for 50.34% of the town's housing units. Other types of housing that are prevalent in Dundalk include single-family detached homes ( 34.41%), large apartment complexes or high rise apartments ( 9.82%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.93%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Dundalk. Owner-occupied housing accounts for 67.30% of Dundalk's homes, and 59.57% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dundalk's housing was primarily built during this period, from the '40s through the '60s. A full 73.56% of the town's housing hails from this era. Other housing ages represented in Dundalk include homes built before 1939 ( 13.53%) and housing constructed between 1970-1999 ( 10.33%). There's also some housing in Dundalk built between 2000 and later ( 2.58%).

Dundalk Home Appreciation Rates

Homes have actually lost value in Dundalk over the last then years, as home values have seen a decline of 23.55% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Dundalk home appreciation rates at -0.51%, which equates to an annual appreciation rate of -2.03%.

NeighborhoodScout's data show that during the latest twelve months, Dundalk's appreciation rate, at 3.18%, has been at or slightly above the national average. In the latest quarter, Dundalk's appreciation rate has been -0.51%, which annualizes to a rate of -2.03%.

Relative to Maryland, our data show that Dundalk's latest annual appreciation rate is higher than 60% 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 Dundalk differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dundalk - 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 Dundalk real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,042,000 0.2
$781,001 - $1,042,000 0.2
$521,001 - $781,000 0.8
$417,001 - $521,000 1.1
$313,001 - $417,000 4.2
$208,001 - $313,000 13.0
$104,001 - $208,000 59.5
$52,001 - $104,000 14.4
$0 - $52,000 6.6

Very Low for MD
Average for Nation

Value Relative to Nation Value Relative to State
50.3808742529005 89.3129770992366

Number Of Homes And Apartments:

Dundalk Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
41.07% 2.01% 2 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,334 / per month

Homeownership Rate

Owners 67.30
Renters 32.70
Vacant 9.49

Housing Market Details


Age of Homes

2000 or Newer 2.6
1970 - 1999 10.3
1940 - 1969 73.6
1939 or Older 13.5

Types of Homes

Single-Family 34.4
Townhomes 50.3
Small Apt. Buildings 3.9
Apt. Complexes 9.8
Mobile Homes 1.5
Other 0.0

Home Size

No Bedroom 1.49
1 Bedroom 7.45
2 Bedrooms 29.75
3 Bedrooms 49.64
4 Bedrooms 9.93
5 or more bedrooms 1.74