Linthicum Heights, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Linthicum Heights, MD Real Estate Data


Linthicum Heights Housing Market Information

With 11,197 people, 1,413 houses or apartments, and a median cost of homes of $322,998, real estate costs in Linthicum Heights are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Maryland communities.

Single-family detached homes are the single most common housing type in Linthicum Heights, accounting for 88.55% of the town's housing units. Other types of housing that are prevalent in Linthicum Heights include large apartment complexes or high rise apartments ( 6.54%), row houses and other attached homes ( 3.09%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.83%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Linthicum Heights. Owner-occupied housing accounts for 86.86% of Linthicum Heights's homes, and 76.63% 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. Linthicum Heights's housing was primarily built during this period, from the '40s through the '60s. A full 58.29% of the town's housing hails from this era. Other housing ages represented in Linthicum Heights include homes built between 1970-1999 ( 24.51%) and housing constructed before 1939 ( 10.63%). There's also some housing in Linthicum Heights built between 2000 and later ( 6.58%).

Linthicum Heights Home Appreciation Rates

Linthicum Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Linthicum Heights during the period has been just -1.51%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Linthicum Heights's appreciation rate, at 4.77%, has been at or slightly above the national average. In the latest quarter, Linthicum Heights's appreciation rate has been 1.10%, which annualizes to a rate of 4.48%.

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

Average Home Values

 

Median Home Value:
$322,998

Linthicum Heights, MD HOME PRICES

Value Range
> $1,118,000 0.2
$838,001 - $1,118,000 0.0
$559,001 - $838,000 2.7
$447,001 - $559,000 9.4
$335,001 - $447,000 30.7
$223,001 - $335,000 47.1
$112,001 - $223,000 6.9
$56,001 - $112,000 0.5
$0 - $56,000 2.5

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
14.7215553083094 44.106463878327

Number Of Homes And Apartments:
1,413

Rent & Ownership

 

Average Market Rent:
$1,348 / per month

Homeownership Rate

Homeownership
Owners 86.86
Renters 13.14
Vacant 7.40

Housing Market Details

 

Age of Homes

AGE OF Linthicum Heights HOMES
2000 or Newer 6.6
1970 - 1999 24.5
1940 - 1969 58.3
1939 or Older 10.6

Types of Homes

TYPE OF Linthicum Heights HOMES
Single-Family 88.5
Townhomes 3.1
Small Apt. Buildings 1.8
Apt. Complexes 6.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Linthicum Heights HOMES
No Bedroom 0.51
1 Bedroom 4.78
2 Bedrooms 12.95
3 Bedrooms 46.61
4 Bedrooms 30.02
5 or more bedrooms 5.13

Linthicum Heights Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
77.24% 3.42% 8 9
* 10 is highest