Myersville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Myersville Neighborhoods Since 2000




Myersville, 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

Myersville Housing Market Information

With a population of 1,708, 575 total housing units (homes and apartments), and a median house value of $334,710, real estate costs in Myersville 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.

Myersville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Myersville 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 Myersville. Owner-occupied housing accounts for 91.83% of Myersville's homes, and 81.56% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Myersville 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 Myersville built between 2000 and later ( 16.58%). A lesser amount of the housing stock also hails from before 1939 ( 16.24%). There's also some housing in Myersville built between 1940-1969 ( 12.35%).

Myersville Home Appreciation Rates

Homes have actually lost value in Myersville over the last then years, as home values have seen a decline of 20.68% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Myersville home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

Over the last year, Myersville appreciation rates have trailed the rest of the nation. In the last twelve months, Myersville's appreciation rate has been -0.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Myersville were at -0.17%, which equates to an annual appreciation rate of -0.70%.

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

Average Home Values

 

Median Home Value:
$334,710

Myersville, MD HOME PRICES

Value Range
> $1,043,000 0.2
$783,001 - $1,043,000 5.4
$522,001 - $783,000 4.6
$417,001 - $522,000 8.7
$313,001 - $417,000 40.1
$208,001 - $313,000 25.4
$104,001 - $208,000 11.7
$53,001 - $104,000 2.2
$0 - $53,000 1.7

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
13.34817766319 35.1145038167939

Number Of Homes And Apartments:
575

Myersville 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
50.33% 2.39% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,198 / per month

Homeownership Rate

Homeownership
Owners 91.83
Renters 8.17
Vacant 2.71

Housing Market Details

 

Age of Homes

AGE OF Myersville HOMES
2000 or Newer 16.6
1970 - 1999 54.8
1940 - 1969 12.4
1939 or Older 16.2

Types of Homes

TYPE OF Myersville HOMES
Single-Family 87.1
Townhomes 10.5
Small Apt. Buildings 0.0
Apt. Complexes 2.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Myersville HOMES
No Bedroom 0.00
1 Bedroom 1.18
2 Bedrooms 7.78
3 Bedrooms 32.66
4 Bedrooms 48.90
5 or more bedrooms 9.48