Walkersville, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Walkersville Neighborhoods Since 2000




Walkersville, MD Real Estate 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

Walkersville Housing Market Information

With 5,993 people, 2,157 houses or apartments, and a median cost of homes of $361,628, real estate costs in Walkersville are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Maryland communities.

Single-family detached homes are the single most common housing type in Walkersville, accounting for 72.10% of the town's housing units. Other types of housing that are prevalent in Walkersville include large apartment complexes or high rise apartments ( 14.58%), row houses and other attached homes ( 13.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walkersville. Owner-occupied housing accounts for 76.81% of Walkersville's homes, and 69.31% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Walkersville 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 Walkersville built between 2000 and later ( 23.09%). A lesser amount of the housing stock also hails from before 1939 ( 10.31%). There's also some housing in Walkersville built between 1940-1969 ( 6.80%).

Walkersville Home Appreciation Rates

Walkersville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Walkersville during the period has been just -1.73%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Walkersville's appreciation rate, at 4.38%, has been at or slightly above the national average. In the latest quarter, Walkersville's appreciation rate has been -0.17%, which annualizes to a rate of -0.70%.

Relative to Maryland, our data show that Walkersville's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$361,628

Walkersville, MD HOME PRICES

Value Range
> $1,150,000 1.1
$862,001 - $1,150,000 0.5
$575,001 - $862,000 2.6
$460,001 - $575,000 11.8
$345,001 - $460,000 30.2
$230,001 - $345,000 33.7
$115,001 - $230,000 16.0
$58,001 - $115,000 1.9
$0 - $58,000 2.2

High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
11.3793507558889 29.3893129770992

Number Of Homes And Apartments:
2,157

Walkersville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
65.10% 2.95% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,413 / per month

Homeownership Rate

Homeownership
Owners 76.81
Renters 23.19
Vacant 2.93

Housing Market Details

 

Age of Homes

AGE OF Walkersville HOMES
2000 or Newer 23.1
1970 - 1999 59.8
1940 - 1969 6.8
1939 or Older 10.3

Types of Homes

TYPE OF Walkersville HOMES
Single-Family 72.1
Townhomes 13.3
Small Apt. Buildings 0.0
Apt. Complexes 14.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Walkersville HOMES
No Bedroom 0.00
1 Bedroom 2.39
2 Bedrooms 16.07
3 Bedrooms 38.07
4 Bedrooms 31.23
5 or more bedrooms 12.24