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Maryland
Real Estate Appreciation & Housing Market Trends






Maryland Real Estate Market & Appreciation

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

Average Home Values

Median Home Value

$467,902

Number Of Homes And Apartments:

2,318,124

Maryland Home Prices

> $1,252,221
$939,354 - $1,252,221
$626,273 - $939,353
$500,853 - $626,272
$375,713 - $500,852
$250,506 - $375,712
$125,258 - $250,505
$62,592 - $125,257
$0 - $62,591
4.2%
4.2%
5.7%
5.7%
17.8%
17.8%
15.8%
15.8%
20.6%
20.6%
19.1%
19.1%
11.0%
11.0%
2.9%
2.9%
2.9%
2.9%
0% 100.0%
% of Homes

Maryland Appreciation Rates

Rent & Homeownership

Average Market Rent:

$2,520 / per month

Homeownership Rate

Owners
Renters
66.1%
66.1%
33.9%
33.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.4%
8.4%
91.6%
91.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
19.0%
19.0%
42.3%
42.3%
27.6%
27.6%
11.1%
11.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.5%
51.5%
21.1%
21.1%
3.6%
3.6%
22.5%
22.5%
1.3%
1.3%
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
2.0%
2.0%
10.2%
10.2%
21.3%
21.3%
36.3%
36.3%
22.1%
22.1%
8.1%
8.1%
0% 100.0%
% of Homes