Oxon Hill, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Oxon Hill Neighborhoods Since 2000




Oxon Hill, 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

Oxon Hill Housing Market Information

With a population of 18,629, 6,989 total housing units (homes and apartments), and a median house value of $270,449, Oxon Hill real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Oxon Hill, accounting for 45.94% of the town's housing units. Other types of housing that are prevalent in Oxon Hill include large apartment complexes or high rise apartments ( 34.65%), row houses and other attached homes ( 18.56%).

The most prevalent building size and type in Oxon Hill are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 57.18% owning and 42.82% renting.

There is a lot of housing in Oxon Hill 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 Oxon Hill built between 1940-1969 ( 39.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.65%). There's also some housing in Oxon Hill built before 1939 ( 1.20%).

Oxon Hill Home Appreciation Rates

Homes have actually lost value in Oxon Hill over the last then years, as home values have seen a decline of 27.30% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Oxon Hill home appreciation rates at -0.17%, which equates to an annual appreciation rate of -0.70%.

NeighborhoodScout's data show that during the latest twelve months, Oxon Hill's appreciation rate, at 4.61%, has been at or slightly above the national average. In the latest quarter, Oxon Hill's appreciation rate has been -0.17%, which annualizes to a rate of -0.70%.

Relative to Maryland, our data show that Oxon Hill's latest annual appreciation rate is higher than 80% of the other cities and towns in Maryland.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Oxon Hill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oxon Hill - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Oxon Hill real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$270,449

Oxon Hill, MD HOME PRICES

Value Range
> $1,175,000 0.5
$881,001 - $1,175,000 0.5
$587,001 - $881,000 4.3
$470,001 - $587,000 1.6
$353,001 - $470,000 11.0
$235,001 - $353,000 44.4
$117,001 - $235,000 28.7
$59,001 - $117,000 5.6
$0 - $59,000 3.5

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
19.7117074885738 58.0152671755725

Number Of Homes And Apartments:
6,989

Oxon Hill 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
51.46% 2.44% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,772 / per month

Homeownership Rate

Homeownership
Owners 57.18
Renters 42.82
Vacant 7.66

Housing Market Details

 

Age of Homes

AGE OF Oxon Hill HOMES
2000 or Newer 5.7
1970 - 1999 53.4
1940 - 1969 39.8
1939 or Older 1.2

Types of Homes

TYPE OF Oxon Hill HOMES
Single-Family 45.9
Townhomes 18.6
Small Apt. Buildings 0.7
Apt. Complexes 34.7
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Oxon Hill HOMES
No Bedroom 0.83
1 Bedroom 12.47
2 Bedrooms 23.28
3 Bedrooms 39.81
4 Bedrooms 16.01
5 or more bedrooms 7.60