Easton, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Easton Neighborhoods Since 2000




Easton, 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

Easton Housing Market Information

With 16,617 people, 7,235 houses or apartments, and a median cost of homes of $259,070, Easton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Easton, accounting for 57.40% of the town's housing units. Other types of housing that are prevalent in Easton include large apartment complexes or high rise apartments ( 19.50%), row houses and other attached homes ( 10.46%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.10%).

The most prevalent building size and type in Easton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 54.94% owning and 45.06% renting.

There is a lot of housing in Easton 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 Easton built between 2000 and later ( 27.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.36%). There's also some housing in Easton built before 1939 ( 11.08%).

Vacant housing appears to be an issue in Easton. Fully 10.01% of the housing stock is classified as vacant. Left unchecked, vacant Easton homes and apartments can be a drag on the real estate market, holding Easton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Easton Home Appreciation Rates

Homes have actually lost value in Easton over the last then years, as home values have seen a decline of 22.94% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Easton home appreciation rates at 0.00%, which equates to an annual appreciation rate of 0.00%.

Over the last year, Easton appreciation rates have trailed the rest of the nation. In the last twelve months, Easton's appreciation rate has been -2.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Easton were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Maryland, our data show that Easton'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 Easton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Easton - 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 Easton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$259,070

Easton, MD HOME PRICES

Value Range
> $1,007,000 2.0
$755,001 - $1,007,000 2.6
$504,001 - $755,000 5.7
$403,001 - $504,000 6.8
$302,001 - $403,000 23.4
$201,001 - $302,000 30.0
$101,001 - $201,000 21.9
$50,001 - $101,000 3.7
$0 - $50,000 3.8

Low for MD
High for Nation

Value Relative to Nation Value Relative to State
21.1941872729403 62.5954198473283

Number Of Homes And Apartments:
7,235

Easton 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
47.62% 2.28% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,566 / per month

Homeownership Rate

Homeownership
Owners 54.94
Renters 45.06
Vacant 10.01

Housing Market Details

 

Age of Homes

AGE OF Easton HOMES
2000 or Newer 27.7
1970 - 1999 43.9
1940 - 1969 17.4
1939 or Older 11.1

Types of Homes

TYPE OF Easton HOMES
Single-Family 57.4
Townhomes 10.5
Small Apt. Buildings 9.1
Apt. Complexes 19.5
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Easton HOMES
No Bedroom 2.11
1 Bedroom 16.01
2 Bedrooms 29.05
3 Bedrooms 34.85
4 Bedrooms 15.62
5 or more bedrooms 2.35