Fort Washington, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fort Washington Neighborhoods Since 2000




Fort Washington, 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 Washington Housing Market Information

With 24,931 people, 8,337 houses or apartments, and a median cost of homes of $329,919, real estate costs in Fort Washington 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.

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

The large homes that make up Fort Washington are primarily owner-occupied ( 86.84%).

There is a lot of housing in Fort Washington 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 Fort Washington built between 1940-1969 ( 24.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.51%). There's also some housing in Fort Washington built before 1939 ( 1.03%).

Fort Washington Home Appreciation Rates

Homes have actually lost value in Fort Washington over the last then years, as home values have seen a decline of 27.18% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Fort Washington home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

NeighborhoodScout's data show that during the latest twelve months, Fort Washington's appreciation rate, at 4.09%, has been at or slightly above the national average. In the latest quarter, Fort Washington's appreciation rate has been -0.17%, which annualizes to a rate of -0.70%.

Relative to Maryland, our data show that Fort Washington's latest annual appreciation rate is higher than 70% 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 Fort Washington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Washington - 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 Fort Washington real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$329,919

Fort Washington, MD HOME PRICES

Value Range
> $1,184,000 0.9
$888,001 - $1,184,000 1.2
$592,001 - $888,000 9.4
$473,001 - $592,000 12.5
$355,001 - $473,000 25.3
$237,001 - $355,000 35.6
$118,001 - $237,000 12.7
$59,001 - $118,000 0.7
$0 - $59,000 1.7

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
13.7173327083089 38.9312977099237

Number Of Homes And Apartments:
8,337

Fort Washington 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
55.15% 2.58% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,092 / per month

Homeownership Rate

Homeownership
Owners 86.84
Renters 13.16
Vacant 6.27

Housing Market Details

 

Age of Homes

AGE OF Fort Washington HOMES
2000 or Newer 12.5
1970 - 1999 61.9
1940 - 1969 24.5
1939 or Older 1.0

Types of Homes

TYPE OF Fort Washington HOMES
Single-Family 93.6
Townhomes 2.6
Small Apt. Buildings 0.2
Apt. Complexes 3.2
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Fort Washington HOMES
No Bedroom 0.35
1 Bedroom 1.80
2 Bedrooms 4.37
3 Bedrooms 24.67
4 Bedrooms 42.23
5 or more bedrooms 26.59