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 Q3 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:
$324,544

Number Of Homes And Apartments:
2,177,492

Maryland Home Prices

Value Range
> $1,146,684 2.4
$860,112 - $1,146,684 3.1
$573,456 - $860,111 10.2
$458,763 - $573,455 9.9
$344,028 - $458,762 17.9
$229,362 - $344,027 26.0
$114,675 - $229,361 21.2
$57,284 - $114,674 5.3
$0 - $57,283 3.9

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
0.67% 2.72%
2
Last 12 Months:
2017 Q3 - 2018 Q3
4.05% 4.05%
2
Last 2 Years:
2016 Q3 - 2018 Q3
7.75% 3.80%
3
Last 5 Years:
2013 Q3 - 2018 Q3
17.55% 3.29%
3
Last 10 Years:
2008 Q3 - 2018 Q3
1.19% 0.12%
1
Since 2000:
2000 Q1 - 2018 Q3
102.79% 3.90%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,846 / 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