Fallston, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fallston Neighborhoods Since 2000




Fallston, 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

Fallston Housing Market Information

With a population of 9,148, 3,153 total housing units (homes and apartments), and a median house value of $381,990, real estate costs in Fallston 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.

Fallston is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Fallston than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fallston. Owner-occupied housing accounts for 93.17% of Fallston's homes, and 85.17% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fallston 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 Fallston built between 1940-1969 ( 23.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.36%). There's also some housing in Fallston built before 1939 ( 5.64%).

Fallston Home Appreciation Rates

Fallston's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fallston during the period has been just -1.32%, which is lower than 70% of US communities.

Over the last year, Fallston appreciation rates have trailed the rest of the nation. In the last twelve months, Fallston's appreciation rate has been 0.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fallston were at -0.51%, which equates to an annual appreciation rate of -2.03%.

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

Average Home Values

 

Median Home Value:
$381,990

Fallston, MD HOME PRICES

Value Range
> $1,046,000 2.1
$784,001 - $1,046,000 5.3
$523,001 - $784,000 14.6
$418,001 - $523,000 16.2
$314,001 - $418,000 38.4
$209,001 - $314,000 17.2
$105,001 - $209,000 3.7
$52,001 - $105,000 0.5
$0 - $52,000 2.1

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
10.2894644322044 24.0458015267176

Number Of Homes And Apartments:
3,153

Fallston 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
57.00% 2.65% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,345 / per month

Homeownership Rate

Homeownership
Owners 93.17
Renters 6.83
Vacant 2.81

Housing Market Details

 

Age of Homes

AGE OF Fallston HOMES
2000 or Newer 10.4
1970 - 1999 60.8
1940 - 1969 23.2
1939 or Older 5.6

Types of Homes

TYPE OF Fallston HOMES
Single-Family 97.4
Townhomes 1.6
Small Apt. Buildings 0.5
Apt. Complexes 0.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Fallston HOMES
No Bedroom 0.00
1 Bedroom 0.92
2 Bedrooms 2.56
3 Bedrooms 40.72
4 Bedrooms 44.45
5 or more bedrooms 11.34