Glenarden, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Glenarden Neighborhoods Since 2000




Glenarden, 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

Glenarden Housing Market Information

With 6,326 people, 2,091 houses or apartments, and a median cost of homes of $292,044, Glenarden real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Glenarden, accounting for 55.16% of the city's housing units. Other types of housing that are prevalent in Glenarden include large apartment complexes or high rise apartments ( 27.96%), row houses and other attached homes ( 15.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glenarden. Owner-occupied housing accounts for 71.06% of Glenarden's homes, and 65.97% have either three or four bedrooms, which is average sized relative to America.

Vacant housing appears to be an issue in Glenarden. Fully 15.99% of the housing stock is classified as vacant. Left unchecked, vacant Glenarden homes and apartments can be a drag on the real estate market, holding Glenarden 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.

Glenarden Home Appreciation Rates

Homes have actually lost value in Glenarden over the last then years, as home values have seen a decline of 21.13% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Glenarden home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

Appreciation rates are so strong in Glenarden that despite a nationwide downturn in the housing market, Glenarden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glenarden appreciation rates continue to be some of the highest in America, at 5.86%, which is higher than appreciation rates in 72.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glenarden. Glenarden appreciation rates in the latest quarter were at -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$292,044

Glenarden, MD HOME PRICES

Value Range
> $1,272,000 0.8
$954,001 - $1,272,000 0.2
$636,001 - $954,000 1.6
$509,001 - $636,000 3.7
$382,001 - $509,000 14.0
$254,001 - $382,000 49.5
$127,001 - $254,000 22.5
$64,001 - $127,000 2.8
$0 - $64,000 5.0

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
17.0045704910348 52.6717557251908

Number Of Homes And Apartments:
2,091

Glenarden 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
72.22% 3.20% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,406 / per month

Homeownership Rate

Homeownership
Owners 71.06
Renters 28.94
Vacant 15.99

Housing Market Details

 

Age of Homes

AGE OF Glenarden HOMES
2000 or Newer 7.8
1970 - 1999 45.4
1940 - 1969 45.4
1939 or Older 1.5

Types of Homes

TYPE OF Glenarden HOMES
Single-Family 55.2
Townhomes 16.0
Small Apt. Buildings 0.0
Apt. Complexes 28.0
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF Glenarden HOMES
No Bedroom 0.28
1 Bedroom 6.43
2 Bedrooms 18.64
3 Bedrooms 45.52
4 Bedrooms 20.45
5 or more bedrooms 8.68