Maryland
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating MD Cities Since 2000




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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$311,449

Number Of Homes And Apartments:
2,166,389

Maryland Home Prices

Value Range
> $1,101,000 2.3
$826,001 - $1,101,000 3.0
$550,001 - $826,000 10.1
$440,001 - $550,000 9.7
$330,001 - $440,000 17.7
$220,001 - $330,000 26.6
$110,001 - $220,000 21.4
$55,001 - $110,000 5.3
$0 - $55,000 3.9

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
2.17% 8.96% 5
Last 12 Months:
2016 Q2 - 2017 Q2
3.71% 3.71% 3
Last 2 Years:
2015 Q2 - 2017 Q2
6.63% 3.26% 2
Last 5 Years:
2012 Q2 - 2017 Q2
15.62% 2.95% 3
Last 10 Years:
2007 Q2 - 2017 Q2
-13.59% -1.45% 1
Since 2000:
2000 Q1 - 2017 Q2
93.60% 3.90% 8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,719 / per month

Homeownership Rate

Homeownership
Owners 65.24
Renters 34.76
Vacant 10.12

Housing Details

Age of Homes

AGE OF Maryland HOMES
2000 or Newer 13.9
1970 - 1999 44.5
1940 - 1969 29.4
1939 or Older 12.3

Types of Homes

TYPE OF Maryland HOMES
Single-Family 51.6
Townhomes 21.3
Small Apt. Buildings 3.8
Apt. Complexes 21.7
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Maryland HOMES
No Bedroom 1.40
1 Bedroom 10.30
2 Bedrooms 22.26
3 Bedrooms 37.51
4 Bedrooms 21.29
5 or more bedrooms 7.24