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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Rising Sun, MD Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rising Sun, MD Housing Market Trends

With a population of 2,761, 963 total housing units (homes and apartments), and a median house value of $347,974, Rising Sun real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Rising Sun, accounting for 50.95% of the town's housing units. Other types of housing that are prevalent in Rising Sun include large apartment complexes or high rise apartments ( 19.01%), row houses and other attached homes ( 16.44%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.03%).

The most prevalent building size and type in Rising Sun are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 56.39% owning and 43.61% renting.

There is a lot of housing in Rising Sun built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rising Sun built between 2000 and later ( 31.56%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.02%). There's also some housing in Rising Sun built before 1939 ( 13.78%).

Rising Sun Home Appreciation Rates

Rising Sun's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rising Sun during the period has been just 4.22%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Rising Sun's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Rising Sun's appreciation rate has been 0.82%, which annualizes to a rate of 3.32%.

Relative to Maryland, our data show that Rising Sun's latest annual appreciation rate is higher than 50% of the other cities and towns in Maryland.

Average Home Values

Median Home Value

$347,974

Rising Sun, MD Home Prices
> $1,217,000
$913,001 - $1,217,000
$609,001 - $913,000
$487,001 - $609,000
$365,001 - $487,000
$243,001 - $365,000
$122,001 - $243,000
$61,001 - $122,000
$0 - $61,000
0.0%
0.0%
3.9%
3.9%
5.2%
5.2%
11.2%
11.2%
23.2%
23.2%
39.4%
39.4%
10.8%
10.8%
1.0%
1.0%
5.3%
5.3%
0% 100.0%
% of Homes
Low

for Maryland

High

for nation

Number of Homes And Apartments:

963

Rising Sun Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,876 / per month

Homeownership Rate

Owners
Renters
56.4%
56.4%
43.6%
43.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.5%
8.5%
91.5%
91.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
31.6%
31.6%
39.6%
39.6%
15.0%
15.0%
13.8%
13.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.0%
51.0%
16.4%
16.4%
9.0%
9.0%
19.0%
19.0%
4.6%
4.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
13.9%
13.9%
16.7%
16.7%
39.7%
39.7%
23.0%
23.0%
6.7%
6.7%
0% 100.0%
% of Homes