Maryland
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Maryland Real Estate Values & Housing Market 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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$321,840

Number Of Homes And Apartments:
2,181,093

Maryland Home Prices

Value Range
> $1,111,555 2.5
$833,735 - $1,111,555 3.3
$555,642 - $833,734 10.5
$444,530 - $555,641 10.4
$333,426 - $444,529 18.3
$222,266 - $333,425 25.6
$111,138 - $222,265 20.2
$55,579 - $111,137 5.4
$0 - $55,578 3.8

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q1 - 2019 Q2
1.80% 7.38%
5
Last 12 Months:
2018 Q2 - 2019 Q2
3.37% 3.37%
2
Last 2 Years:
2017 Q2 - 2019 Q2
7.64% 3.75%
2
Last 5 Years:
2014 Q2 - 2019 Q2
17.60% 3.29%
2
Last 10 Years:
2009 Q2 - 2019 Q2
10.34% 0.99%
2
Since 2000:
2000 Q1 - 2019 Q2
107.24% 3.86%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,834 / per month

Homeownership Rate

Homeownership
Owners 65.23
Renters 34.77
Vacant 10.13

Housing Details

Age of Homes

AGE OF Maryland HOMES
2000 or Newer 14.9
1970 - 1999 44.4
1940 - 1969 28.5
1939 or Older 12.1

Types of Homes

TYPE OF Maryland HOMES
Single-Family 51.5
Townhomes 21.4
Small Apt. Buildings 3.8
Apt. Complexes 21.8
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Maryland HOMES
No Bedroom 1.57
1 Bedroom 10.12
2 Bedrooms 21.76
3 Bedrooms 37.61
4 Bedrooms 21.55
5 or more bedrooms 7.39