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 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:
$319,263

Number Of Homes And Apartments:
2,181,093

Maryland Home Prices

Value Range
> $1,101,689 2.5
$826,042 - $1,101,689 3.3
$550,800 - $826,041 10.5
$440,630 - $550,799 10.4
$330,444 - $440,629 18.3
$220,201 - $330,443 25.6
$110,143 - $220,200 20.2
$55,038 - $110,142 5.4
$0 - $55,037 3.8

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q4 - 2019 Q1
0.90% 3.64%
6
Last 12 Months:
2018 Q1 - 2019 Q1
2.73% 2.73%
2
Last 2 Years:
2017 Q1 - 2019 Q1
7.70% 3.78%
3
Last 5 Years:
2014 Q1 - 2019 Q1
17.31% 3.24%
3
Last 10 Years:
2009 Q1 - 2019 Q1
4.16% 0.41%
2
Since 2000:
2000 Q1 - 2019 Q1
103.60% 3.81%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,801 / 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