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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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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:
$410,307

Number Of Homes And Apartments:
2,230,527

Maryland Home Prices

> $1,272,156
$954,155 - $1,272,156
$636,142 - $954,154
$508,904 - $636,141
$381,551 - $508,903
$254,441 - $381,550
$127,211 - $254,440
$63,588 - $127,210
$0 - $63,587
2.8%
2.8%
3.7%
3.7%
12.7%
12.7%
12.7%
12.7%
20.9%
20.9%
24.2%
24.2%
16.0%
16.0%
4.1%
4.1%
2.8%
2.8%
0.0% 100.0%
% OF HOMES

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2022 Q1 - 2022 Q2
4.78% 20.54%
1
Last 12 Months:
2021 Q2 - 2022 Q2
14.71% 14.71%
1
Last 2 Years:
2020 Q2 - 2022 Q2
26.67% 12.55%
2
Last 5 Years:
2017 Q2 - 2022 Q2
38.11% 6.67%
2
Last 10 Years:
2012 Q2 - 2022 Q2
57.31% 4.63%
2
Since 2000:
2000 Q1 - 2022 Q2
163.87% 4.46%
6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,242 / per month

Homeownership Rate

Owners
Renters
Vacant
65.5%
65.5%
34.5%
34.5%
9.3%
9.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.0%
17.0%
43.4%
43.4%
28.0%
28.0%
11.6%
11.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.6%
51.6%
21.3%
21.3%
3.7%
3.7%
22.0%
22.0%
1.3%
1.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.9%
1.9%
10.1%
10.1%
21.4%
21.4%
37.0%
37.0%
22.0%
22.0%
7.7%
7.7%
0.0% 100.0%
% OF HOMES