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 Q1 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:
$304,529

Number Of Homes And Apartments:
2,166,389

Maryland Home Prices

Value Range
> $1,074,000 2.3
$806,001 - $1,074,000 3.0
$537,001 - $806,000 10.1
$430,001 - $537,000 9.7
$322,001 - $430,000 17.7
$215,001 - $322,000 26.6
$107,001 - $215,000 21.4
$54,001 - $107,000 5.3
$0 - $54,000 3.9

Maryland Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q4 - 2017 Q1
-0.27% -1.09% 2
Last 12 Months:
2016 Q1 - 2017 Q1
2.66% 2.66% 2
Last 2 Years:
2015 Q1 - 2017 Q1
5.32% 2.63% 2
Last 5 Years:
2012 Q1 - 2017 Q1
12.11% 2.31% 3
Last 10 Years:
2007 Q1 - 2017 Q1
-15.27% -1.64% 1
Since 2000:
2000 Q1 - 2017 Q1
89.46% 3.83% 8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,677 / 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