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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$332,349

Number Of Homes And Apartments:
2,192,518

Maryland Home Prices

Value Range
> $1,110,118 2.6
$832,464 - $1,110,118 3.4
$554,990 - $832,463 11.0
$444,001 - $554,989 11.0
$333,069 - $444,000 18.9
$222,042 - $333,068 25.3
$111,001 - $222,041 19.2
$55,497 - $111,000 5.2
$0 - $55,496 3.4

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q3 - 2019 Q4
0.59% 2.37%
2
Last 12 Months:
2018 Q4 - 2019 Q4
4.36% 4.36%
3
Last 2 Years:
2017 Q4 - 2019 Q4
6.78% 3.34%
2
Last 5 Years:
2014 Q4 - 2019 Q4
16.84% 3.16%
2
Last 10 Years:
2009 Q4 - 2019 Q4
16.17% 1.51%
2
Since 2000:
2000 Q1 - 2019 Q4
109.05% 3.80%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,857 / per month

Homeownership Rate

Homeownership
Owners 65.21
Renters 34.79
Vacant 10.06

Housing Details

Age of Homes

AGE OF Maryland HOMES
2000 or Newer 15.6
1970 - 1999 44.1
1940 - 1969 28.3
1939 or Older 12.0

Types of Homes

TYPE OF Maryland HOMES
Single-Family 51.4
Townhomes 21.4
Small Apt. Buildings 3.8
Apt. Complexes 21.9
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Maryland HOMES
No Bedroom 1.68
1 Bedroom 10.06
2 Bedrooms 21.77
3 Bedrooms 37.40
4 Bedrooms 21.66
5 or more bedrooms 7.44