Hampstead, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hampstead, MD Real Estate Data


Hampstead Housing Market Information

With 6,359 people, 2,340 houses or apartments, and a median cost of homes of $290,726, Hampstead real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Hampstead, accounting for 51.26% of the town's housing units. Other types of housing that are prevalent in Hampstead include row houses and other attached homes ( 30.00%), large apartment complexes or high rise apartments ( 13.26%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.47%).

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 79.70% of Hampstead's homes, and 74.84% 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 ( 15.67%). A lesser amount of the housing stock also hails from before 1939 ( 11.40%). There's also some housing in Hampstead built between 1940-1969 ( 5.80%).

Hampstead Home Appreciation Rates

Hampstead's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hampstead during the period has been just -1.90%, which is lower than 80% of US communities.

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 4.00%, 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 1.10%, which equates to an annual appreciation rate of 4.48%.

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

Average Home Values

 

Median Home Value:
$290,726

Hampstead, MD HOME PRICES

Value Range
> $1,069,000 0.3
$801,001 - $1,069,000 0.8
$534,001 - $801,000 4.9
$428,001 - $534,000 7.6
$321,001 - $428,000 20.5
$214,001 - $321,000 44.7
$107,001 - $214,000 19.3
$54,001 - $107,000 1.0
$0 - $54,000 0.9

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
17.8046495286057 53.2319391634981

Number Of Homes And Apartments:
2,340

Rent & Ownership

 

Average Market Rent:
$1,124 / per month

Homeownership Rate

Homeownership
Owners 79.70
Renters 20.30
Vacant 3.03

Housing Market Details

 

Age of Homes

AGE OF Hampstead HOMES
2000 or Newer 15.7
1970 - 1999 67.1
1940 - 1969 5.8
1939 or Older 11.4

Types of Homes

TYPE OF Hampstead HOMES
Single-Family 51.3
Townhomes 30.0
Small Apt. Buildings 5.5
Apt. Complexes 13.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hampstead HOMES
No Bedroom 1.16
1 Bedroom 8.54
2 Bedrooms 13.63
3 Bedrooms 46.42
4 Bedrooms 28.43
5 or more bedrooms 1.82

Hampstead Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
51.67% 2.48% 3 6
* 10 is highest