Hampstead, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hampstead Neighborhoods Since 2000




Hampstead, 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

Hampstead Housing Market Information

With 6,359 people, 2,351 houses or apartments, and a median cost of homes of $319,392, real estate costs in Hampstead 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.

Single-family detached homes are the single most common housing type in Hampstead, accounting for 51.37% of the town's housing units. Other types of housing that are prevalent in Hampstead include row houses and other attached homes ( 26.87%), large apartment complexes or high rise apartments ( 15.73%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hampstead. Owner-occupied housing accounts for 77.88% of Hampstead's homes, and 70.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Hampstead 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 Hampstead built between 2000 and later ( 16.66%). A lesser amount of the housing stock also hails from before 1939 ( 13.92%). There's also some housing in Hampstead built between 1940-1969 ( 4.56%).

Hampstead Home Appreciation Rates

Homes have actually lost value in Hampstead over the last then years, as home values have seen a decline of 19.63% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Hampstead home appreciation rates at -0.51%, which equates to an annual appreciation rate of -2.03%.

Over the last year, Hampstead appreciation rates have trailed the rest of the nation. In the last twelve months, Hampstead's appreciation rate has been 0.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hampstead were at -0.51%, which equates to an annual appreciation rate of -2.03%.

Relative to Maryland, our data show that Hampstead's latest annual appreciation rate is lower than 80% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$319,392

Hampstead, MD HOME PRICES

Value Range
> $1,048,000 0.5
$786,001 - $1,048,000 0.7
$524,001 - $786,000 5.4
$419,001 - $524,000 6.9
$314,001 - $419,000 19.4
$210,001 - $314,000 43.8
$105,001 - $210,000 20.8
$52,001 - $105,000 1.2
$0 - $52,000 1.3

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
14.607992499707 42.7480916030534

Number Of Homes And Apartments:
2,351

Hampstead 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
47.50% 2.28% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,338 / per month

Homeownership Rate

Homeownership
Owners 77.88
Renters 22.12
Vacant 0.84

Housing Market Details

 

Age of Homes

AGE OF Hampstead HOMES
2000 or Newer 16.7
1970 - 1999 64.9
1940 - 1969 4.6
1939 or Older 13.9

Types of Homes

TYPE OF Hampstead HOMES
Single-Family 51.4
Townhomes 26.9
Small Apt. Buildings 6.0
Apt. Complexes 15.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hampstead HOMES
No Bedroom 1.14
1 Bedroom 9.07
2 Bedrooms 15.48
3 Bedrooms 39.77
4 Bedrooms 30.32
5 or more bedrooms 4.22