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 Q1 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$318,549

Number Of Homes And Apartments:
2,177,492

Maryland Home Prices

Value Range
> $1,122,102 2.4
$841,547 - $1,122,102 3.1
$561,133 - $841,546 10.2
$448,890 - $561,132 9.9
$336,669 - $448,889 17.9
$224,492 - $336,668 26.0
$112,192 - $224,491 21.2
$56,082 - $112,191 5.3
$0 - $56,081 3.9

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
0.99% 4.03%
5
Last 12 Months:
2017 Q1 - 2018 Q1
5.13% 5.13%
4
Last 2 Years:
2016 Q1 - 2018 Q1
8.35% 4.09%
4
Last 5 Years:
2013 Q1 - 2018 Q1
16.99% 3.19%
3
Last 10 Years:
2008 Q1 - 2018 Q1
-7.95% -0.82%
1
Since 2000:
2000 Q1 - 2018 Q1
99.06% 3.90%
8
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,796 / per month

Homeownership Rate

Homeownership
Owners 64.92
Renters 35.08
Vacant 10.09

Housing Details

Age of Homes

AGE OF Maryland HOMES
2000 or Newer 14.5
1970 - 1999 44.4
1940 - 1969 29.0
1939 or Older 12.2

Types of Homes

TYPE OF Maryland HOMES
Single-Family 51.5
Townhomes 21.4
Small Apt. Buildings 3.9
Apt. Complexes 21.7
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Maryland HOMES
No Bedroom 1.50
1 Bedroom 10.23
2 Bedrooms 22.06
3 Bedrooms 37.51
4 Bedrooms 21.40
5 or more bedrooms 7.30