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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 43,077, 16,406 total housing units (homes and apartments), and a median house value of $314,098, Windsor Mill real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Windsor Mill homes are still considered rather expensive.
Large apartment complexes or high rise apartments are the single most common housing type in Windsor Mill, accounting for 38.25% of the town's housing units. Other types of housing that are prevalent in Windsor Mill include single-family detached homes ( 35.80%), row houses and other attached homes ( 22.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.89%). 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 ( 34.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.34%). There's also some housing in Windsor Mill built before 1939 ( 5.12%).
Real estate appreciation rates in Windsor Mill's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.67% during the period.
NeighborhoodScout's data show that during the latest twelve months, Windsor Mill's appreciation rate, at 6.55%, has been at or slightly above the national average. In the latest quarter, Windsor Mill's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.
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.
$314,098
for Maryland
for nation
16,406
$2,468 / per month