Linthicum Heights, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Linthicum Heights Neighborhoods Since 2000




Linthicum Heights, 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

Linthicum Heights Housing Market Information

With a population of 11,197, 1,377 total housing units (homes and apartments), and a median house value of $320,469, 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 88.57% of the town's housing units. Other types of housing that are prevalent in Linthicum Heights include large apartment complexes or high rise apartments ( 6.71%), row houses and other attached homes ( 2.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.08%).

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 84.28% of Linthicum Heights's homes, and 76.24% 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 58.66% of the town's housing hails from this era. Other housing ages represented in Linthicum Heights include homes built between 1970-1999 ( 23.53%) and housing constructed before 1939 ( 11.40%). There's also some housing in Linthicum Heights built between 2000 and later ( 6.42%).

Linthicum Heights Home Appreciation Rates

Homes have actually lost value in Linthicum Heights over the last then years, as home values have seen a decline of 19.87% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Linthicum Heights home appreciation rates at -0.51%, which equates to an annual appreciation rate of -2.03%.

Over the last year, Linthicum Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Linthicum Heights's appreciation rate has been -0.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Linthicum Heights were at -0.51%, which equates to an annual appreciation rate of -2.03%.

Relative to Maryland, our data show that Linthicum Heights's latest annual appreciation rate is lower than 90% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$320,469

Linthicum Heights, MD HOME PRICES

Value Range
> $1,047,000 0.2
$785,001 - $1,047,000 0.4
$523,001 - $785,000 2.8
$418,001 - $523,000 10.3
$314,001 - $418,000 32.1
$209,001 - $314,000 43.4
$104,001 - $209,000 7.0
$52,001 - $104,000 0.4
$0 - $52,000 3.4

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
14.502519629673 42.3664122137405

Number Of Homes And Apartments:
1,377

Linthicum Heights 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
67.21% 3.03% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,646 / per month

Homeownership Rate

Homeownership
Owners 84.28
Renters 15.72
Vacant 8.49

Housing Market Details

 

Age of Homes

AGE OF Linthicum Heights HOMES
2000 or Newer 6.4
1970 - 1999 23.5
1940 - 1969 58.7
1939 or Older 11.4

Types of Homes

TYPE OF Linthicum Heights HOMES
Single-Family 88.6
Townhomes 2.6
Small Apt. Buildings 2.1
Apt. Complexes 6.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Linthicum Heights HOMES
No Bedroom 0.53
1 Bedroom 4.47
2 Bedrooms 12.79
3 Bedrooms 44.89
4 Bedrooms 31.35
5 or more bedrooms 5.97