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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 4,025, 1,499 total housing units (homes and apartments), and a median house value of $239,461, house prices in Indian Head are solidly below the national average.
Single-family detached homes are the single most common housing type in Indian Head, accounting for 54.30% of the town's housing units. Other types of housing that are prevalent in Indian Head include row houses and other attached homes ( 42.44%), large apartment complexes or high rise apartments ( 3.26%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indian Head. Owner-occupied housing accounts for 68.25% of Indian Head's homes, and 73.60% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Indian Head's housing was primarily built during this period, from the '40s through the '60s. A full 44.52% of the town's housing hails from this era. Other housing ages represented in Indian Head include homes built between 1970-1999 ( 32.46%) and housing constructed between 2000 and later ( 16.04%). There's also some housing in Indian Head built before 1939 ( 6.98%).
Real estate appreciation rates in Indian Head's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.55% during the period.
Over the last year, Indian Head appreciation rates have trailed the rest of the nation. In the last twelve months, Indian Head's appreciation rate has been 4.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Indian Head were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Relative to Maryland, our data show that Indian Head's latest annual appreciation rate is lower than 80% of the other cities and towns in Maryland.
$239,461
for Maryland
for nation
1,499
$1,467 / per month