Windsor Mill, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Windsor Mill, MD Real Estate Data


Windsor Mill Housing Market Information

With a population of 33,831, 2,101 total housing units (homes and apartments), and a median house value of $225,186, Windsor Mill real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Windsor Mill, accounting for 35.38% of the town's housing units. Other types of housing that are prevalent in Windsor Mill include single-family detached homes ( 31.91%), row houses and other attached homes ( 31.25%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.38%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

The most prevalent building size and type in Windsor Mill are three and four bedroom dwellings. The town has a mixture of owners and renters, with 49.82% owning and 50.18% renting.

There is a lot of housing in Windsor Mill 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 Windsor Mill built between 1940-1969 ( 27.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.18%). There's also some housing in Windsor Mill built before 1939 ( 5.15%).

Windsor Mill Home Appreciation Rates

Windsor Mill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Windsor Mill during the period has been just -1.81%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Windsor Mill's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Windsor Mill's appreciation rate has been 1.10%, which annualizes to a rate of 4.48%.

Relative to Maryland, our data show that Windsor Mill's latest annual appreciation rate is higher than 60% of the other cities and towns in Maryland.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Windsor Mill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Windsor Mill - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Windsor Mill real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$225,186

Windsor Mill, MD HOME PRICES

Value Range
> $1,119,000 0.2
$840,001 - $1,119,000 0.3
$560,001 - $840,000 0.6
$448,001 - $560,000 1.4
$336,001 - $448,000 10.5
$224,001 - $336,000 35.2
$112,001 - $224,000 46.0
$56,001 - $112,000 2.7
$0 - $56,000 3.2

Low for MD
High for Nation

Value Relative to Nation Value Relative to State
27.4872635708848 73.0038022813688

Number Of Homes And Apartments:
2,101

Rent & Ownership

 

Average Market Rent:
$1,352 / per month

Homeownership Rate

Homeownership
Owners 49.82
Renters 50.18
Vacant 6.04

Housing Market Details

 

Age of Homes

AGE OF Windsor Mill HOMES
2000 or Newer 12.2
1970 - 1999 55.2
1940 - 1969 27.4
1939 or Older 5.1

Types of Homes

TYPE OF Windsor Mill HOMES
Single-Family 31.9
Townhomes 31.2
Small Apt. Buildings 1.4
Apt. Complexes 35.4
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Windsor Mill HOMES
No Bedroom 0.56
1 Bedroom 10.22
2 Bedrooms 36.21
3 Bedrooms 39.10
4 Bedrooms 11.21
5 or more bedrooms 2.71

Windsor Mill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
58.82% 2.76% 5 7
* 10 is highest