Windsor Mill, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Windsor Mill Neighborhoods Since 2000




Windsor Mill, 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

Windsor Mill Housing Market Information

With 33,831 people, 2,074 houses or apartments, and a median cost of homes of $214,293, 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 36.33% of the town's housing units. Other types of housing that are prevalent in Windsor Mill include single-family detached homes ( 30.98%), row houses and other attached homes ( 30.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.68%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

People in Windsor Mill primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Windsor Mill has a mixture of owner-occupied and renter-occupied housing.

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 ( 26.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.34%). There's also some housing in Windsor Mill built before 1939 ( 4.79%).

Windsor Mill Home Appreciation Rates

Homes have actually lost value in Windsor Mill over the last then years, as home values have seen a decline of 22.12% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Windsor Mill home appreciation rates at -0.51%, which equates to an annual appreciation rate of -2.03%.

Over the last year, Windsor Mill appreciation rates have trailed the rest of the nation. In the last twelve months, Windsor Mill's appreciation rate has been 1.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Windsor Mill were at -0.51%, which equates to an annual appreciation rate of -2.03%.

Relative to Maryland, our data show that Windsor Mill's latest annual appreciation rate is lower 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:
$214,293

Windsor Mill, MD HOME PRICES

Value Range
> $1,088,000 0.3
$816,001 - $1,088,000 0.2
$544,001 - $816,000 0.8
$435,001 - $544,000 1.0
$326,001 - $435,000 10.7
$218,001 - $326,000 33.9
$109,001 - $218,000 45.5
$54,001 - $109,000 3.5
$0 - $54,000 4.0

Low for MD
High for Nation

Value Relative to Nation Value Relative to State
28.8878471815305 75.5725190839695

Number Of Homes And Apartments:
2,074

Windsor Mill 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
52.48% 2.48% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,469 / per month

Homeownership Rate

Homeownership
Owners 48.14
Renters 51.86
Vacant 6.89

Housing Market Details

 

Age of Homes

AGE OF Windsor Mill HOMES
2000 or Newer 11.3
1970 - 1999 57.8
1940 - 1969 26.0
1939 or Older 4.8

Types of Homes

TYPE OF Windsor Mill HOMES
Single-Family 31.0
Townhomes 30.9
Small Apt. Buildings 1.7
Apt. Complexes 36.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Windsor Mill HOMES
No Bedroom 0.56
1 Bedroom 11.49
2 Bedrooms 37.26
3 Bedrooms 37.38
4 Bedrooms 10.68
5 or more bedrooms 2.63