Jarrettsville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jarrettsville Neighborhoods Since 2000




Jarrettsville, 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

Jarrettsville Housing Market Information

With 2,978 people, 1,051 houses or apartments, and a median cost of homes of $427,681, Jarrettsville house prices are not only among the most expensive in Maryland, Jarrettsville real estate also is some of the most expensive in all of America.

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

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jarrettsville. Owner-occupied housing accounts for 94.96% of Jarrettsville's homes, and 76.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Jarrettsville 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 Jarrettsville built between 2000 and later ( 22.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.46%). There's also some housing in Jarrettsville built before 1939 ( 3.04%).

Jarrettsville Home Appreciation Rates

Jarrettsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jarrettsville during the period has been just -1.28%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Jarrettsville's appreciation rate, at 3.27%, has been at or slightly above the national average. In the latest quarter, Jarrettsville's appreciation rate has been -0.51%, which annualizes to a rate of -2.03%.

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

Average Home Values

 

Median Home Value:
$427,681

Jarrettsville, MD HOME PRICES

Value Range
> $1,084,000 0.7
$812,001 - $1,084,000 3.0
$542,001 - $812,000 21.6
$433,001 - $542,000 22.0
$325,001 - $433,000 31.0
$217,001 - $325,000 17.1
$108,001 - $217,000 3.2
$54,001 - $108,000 0.0
$0 - $54,000 1.3

Very High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
8.24446267432322 17.9389312977099

Number Of Homes And Apartments:
1,051

Jarrettsville 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
59.77% 2.75% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,497 / per month

Homeownership Rate

Homeownership
Owners 94.96
Renters 5.04
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Jarrettsville HOMES
2000 or Newer 22.3
1970 - 1999 58.2
1940 - 1969 16.5
1939 or Older 3.0

Types of Homes

TYPE OF Jarrettsville HOMES
Single-Family 97.3
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 2.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Jarrettsville HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 9.04
3 Bedrooms 28.92
4 Bedrooms 48.05
5 or more bedrooms 13.99

Popular Neighborhoods in Jarrettsville

Zip Codes in Jarrettsville, MD