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 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:
$321,197

Number Of Homes And Apartments:
2,177,492

Maryland Home Prices

Value Range
> $1,134,586 2.4
$850,868 - $1,134,586 3.1
$567,284 - $850,867 10.2
$453,864 - $567,283 9.9
$340,415 - $453,863 17.9
$226,905 - $340,414 26.0
$113,466 - $226,904 21.2
$56,738 - $113,465 5.3
$0 - $56,737 3.9

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
1.24% 5.05%
3
Last 12 Months:
2017 Q2 - 2018 Q2
4.17% 4.17%
3
Last 2 Years:
2016 Q2 - 2018 Q2
8.25% 4.04%
3
Last 5 Years:
2013 Q2 - 2018 Q2
17.18% 3.22%
3
Last 10 Years:
2008 Q2 - 2018 Q2
-3.59% -0.36%
1
Since 2000:
2000 Q1 - 2018 Q2
101.32% 3.91%
7
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,827 / 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