menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Joppa, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Joppa, MD Housing Market Trends

With 13,425 people, 5,286 houses or apartments, and a median cost of homes of $372,049, Joppa real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Joppa, accounting for 62.91% of the town's housing units. Other types of housing that are prevalent in Joppa include row houses and other attached homes ( 24.00%), large apartment complexes or high rise apartments ( 9.50%), and a few mobile homes or trailers ( 2.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Joppa. Owner-occupied housing accounts for 77.70% of Joppa's homes, and 66.51% 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. Joppa's housing was primarily built during this period, from the '40s through the '60s. A full 39.64% of the town's housing hails from this era. Other housing ages represented in Joppa include homes built between 1970-1999 ( 35.29%) and housing constructed between 2000 and later ( 21.77%). There's also some housing in Joppa built before 1939 ( 3.30%).

Joppa Home Appreciation Rates

Joppa's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Joppa during the period has been just 4.53%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Joppa's appreciation rate, at 6.55%, has been at or slightly above the national average. In the latest quarter, Joppa's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

Median Home Value

$372,049

Joppa, MD Home Prices
> $1,260,000
$945,001 - $1,260,000
$630,001 - $945,000
$504,001 - $630,000
$378,001 - $504,000
$252,001 - $378,000
$126,001 - $252,000
$63,001 - $126,000
$0 - $63,000
1.3%
1.3%
0.6%
0.6%
3.0%
3.0%
14.8%
14.8%
30.3%
30.3%
37.8%
37.8%
9.0%
9.0%
0.5%
0.5%
2.6%
2.6%
0% 100.0%
% of Homes
Low

for Maryland

High

for nation

Number of Homes And Apartments:

5,286

Joppa Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,601 / per month

Homeownership Rate

Owners
Renters
77.7%
77.7%
22.3%
22.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.7%
8.7%
91.3%
91.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.8%
21.8%
35.3%
35.3%
39.6%
39.6%
3.3%
3.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
62.9%
62.9%
24.0%
24.0%
1.4%
1.4%
9.5%
9.5%
2.2%
2.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
3.6%
3.6%
21.0%
21.0%
41.3%
41.3%
25.2%
25.2%
8.0%
8.0%
0% 100.0%
% of Homes