Hughesville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hughesville Neighborhoods Since 2000




Hughesville, 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

Hughesville Housing Market Information

With 2,327 people, 778 houses or apartments, and a median cost of homes of $443,843, Hughesville house prices are not only among the most expensive in Maryland, Hughesville real estate also is some of the most expensive in all of America.

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

The large homes that make up Hughesville are primarily owner-occupied ( 78.12%).

There is a lot of housing in Hughesville 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 Hughesville built between 2000 and later ( 42.54%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.05%). There's also some housing in Hughesville built before 1939 ( 3.60%).

Hughesville Home Appreciation Rates

Homes have actually lost value in Hughesville over the last then years, as home values have seen a decline of 23.12% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Hughesville 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, Hughesville's appreciation rate, at 4.15%, has been at or slightly above the national average. In the latest quarter, Hughesville's appreciation rate has been -0.17%, which annualizes to a rate of -0.70%.

Relative to Maryland, our data show that Hughesville's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$443,843

Hughesville, MD HOME PRICES

Value Range
> $1,124,000 0.7
$843,001 - $1,124,000 1.6
$562,001 - $843,000 13.3
$449,001 - $562,000 29.1
$337,001 - $449,000 31.9
$225,001 - $337,000 19.6
$112,001 - $225,000 2.2
$56,001 - $112,000 0.0
$0 - $56,000 1.6

Very High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
7.6116254541193 16.030534351145

Number Of Homes And Apartments:
778

Hughesville 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
50.60% 2.40% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,909 / per month

Homeownership Rate

Homeownership
Owners 78.12
Renters 21.88
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Hughesville HOMES
2000 or Newer 42.5
1970 - 1999 42.8
1940 - 1969 11.1
1939 or Older 3.6

Types of Homes

TYPE OF Hughesville HOMES
Single-Family 98.7
Townhomes 1.3
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Hughesville HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 9.90
3 Bedrooms 27.25
4 Bedrooms 35.22
5 or more bedrooms 27.63