Jarrettsville, MD Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jarrettsville, MD Housing Market Trends

With a population of 2,978, 1,016 total housing units (homes and apartments), and a median house value of $471,341, 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.

Single-family detached homes are the single most common housing type in Jarrettsville, accounting for 93.74% of the town's housing units. Other types of housing that are prevalent in Jarrettsville include large apartment complexes or high rise apartments ( 4.20%), mobile homes or trailers ( 2.06%).

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 84.06% of Jarrettsville's homes, and 69.08% 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 1940-1969 ( 17.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.66%). There's also some housing in Jarrettsville built before 1939 ( 9.12%).

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 2.01%, which is lower than 70% of US communities.

Over the last year, Jarrettsville appreciation rates have trailed the rest of the nation. In the last twelve months, Jarrettsville's appreciation rate has been 5.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jarrettsville were at 1.62%, which equates to an annual appreciation rate of 6.63%.

Relative to Maryland, our data show that Jarrettsville's latest annual appreciation rate is higher than 50% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$471,341

Jarrettsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
81.29% 2.84%
4
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,927 / per month

Homeownership Rate

Owners
84.1%
84.1%
Renters
15.9%
15.9%
Vacant
9.2%
9.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
14.7%
14.7%
1970 - 1999
59.1%
59.1%
1940 - 1969
17.2%
17.2%
1939 or Older
9.1%
9.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
93.7%
93.7%
Townhomes
0.0%
0.0%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
4.2%
4.2%
Mobile Homes
2.1%
2.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.2%
4.2%
1 Bedroom
0.0%
0.0%
2 Bedrooms
12.7%
12.7%
3 Bedrooms
36.6%
36.6%
4 Bedrooms
32.4%
32.4%
5 or more bedrooms
14.0%
14.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Jarrettsville

Zip Codes in Jarrettsville, MD