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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
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'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.
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Fort Meade HOMES|
|2000 or Newer||46.1|
|1970 - 1999||31.9|
|1940 - 1969||19.0|
|1939 or Older||3.0|
|TYPE OF Fort Meade HOMES|
|Small Apt. Buildings||2.3|
|SIZE OF Fort Meade HOMES|
|5 or more bedrooms||2.23|