Fort Meade, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fort Meade Neighborhoods Since 2000




Fort Meade, 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

Fort Meade Housing Market Information

Row houses and other attached homes are the single most common housing type in Fort Meade, accounting for 74.15% of the town's housing units. Other types of housing that are prevalent in Fort Meade include single-family detached homes ( 18.66%), mobile homes or trailers ( 2.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.30%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

Renters dominate Fort Meade's housing market, and most live in three of four bedroom dwellings, chiefly found in row houses and other attached homes.

Fort Meade homes and real estate are some of the newest in America. 46.09% of Fort Meade's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fort Meade real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 31.93%), and between 1940-1969 ( 18.96%). There's also some housing in Fort Meade built before 1939 ( 3.02%).

Vacant housing appears to be an issue in Fort Meade. Fully 12.16% of the housing stock is classified as vacant. Left unchecked, vacant Fort Meade homes and apartments can be a drag on the real estate market, holding Fort Meade 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.

Fort Meade Home Appreciation Rates

Fort Meade's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Meade during the period has been just -1.72%, which is lower than 80% of US communities.

Over the last year, Fort Meade appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Meade's appreciation rate has been 1.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Meade were at -0.51%, which equates to an annual appreciation rate of -2.03%.

Relative to Maryland, our data show that Fort Meade's latest annual appreciation rate is lower than 60% of the other cities and towns in Maryland.

Average Home Values

 

Fort Meade 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
72.76% 3.22% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,637 / per month

Homeownership Rate

Homeownership
Owners 1.43
Renters 98.57
Vacant 12.16

Housing Market Details

 

Age of Homes

AGE OF Fort Meade HOMES
2000 or Newer 46.1
1970 - 1999 31.9
1940 - 1969 19.0
1939 or Older 3.0

Types of Homes

TYPE OF Fort Meade HOMES
Single-Family 18.7
Townhomes 74.1
Small Apt. Buildings 2.3
Apt. Complexes 2.2
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Fort Meade HOMES
No Bedroom 0.00
1 Bedroom 0.16
2 Bedrooms 19.19
3 Bedrooms 48.19
4 Bedrooms 30.22
5 or more bedrooms 2.23