menu
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.



Bladensburg, 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 Q2 2024. 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

Bladensburg, MD Housing Market Trends

With 9,444 people, 3,540 houses or apartments, and a median cost of homes of $353,985, Bladensburg 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 Bladensburg, accounting for 72.98% of the town's housing units. Other types of housing that are prevalent in Bladensburg include single-family detached homes ( 16.06%), row houses and other attached homes ( 7.14%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.93%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Bladensburg is dominated by renter-occupied one, two, or no bedrooms apartments. 81.07% of Bladensburg's dwellings are rentals.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Bladensburg's housing was primarily built during this period, from the '40s through the '60s. A full 45.62% of the town's housing hails from this era. Other housing ages represented in Bladensburg include homes built between 1970-1999 ( 38.03%) and housing constructed between 2000 and later ( 8.63%). There's also some housing in Bladensburg built before 1939 ( 7.72%).

Bladensburg Home Appreciation Rates

Bladensburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bladensburg during the period has been just 5.04%, which is lower than 80% of US communities.

Over the last year, Bladensburg appreciation rates have trailed the rest of the nation. In the last twelve months, Bladensburg's appreciation rate has been 3.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bladensburg were at 3.11%, which equates to an annual appreciation rate of 13.04%.

Importantly, this makes Bladensburg one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

Median Home Value

$353,985

Bladensburg, MD Home Prices
> $1,201,000
$901,001 - $1,201,000
$601,001 - $901,000
$480,001 - $601,000
$360,001 - $480,000
$240,001 - $360,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
0.2%
0.2%
0.0%
0.0%
2.7%
2.7%
8.3%
8.3%
51.0%
51.0%
23.6%
23.6%
3.8%
3.8%
0.6%
0.6%
9.8%
9.8%
0% 100.0%
% of Homes
Low

for Maryland

High

for nation

Number of Homes And Apartments:

3,540

Bladensburg Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,231 / per month

Homeownership Rate

Owners
Renters
18.9%
18.9%
81.1%
81.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.4%
7.4%
92.6%
92.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
8.6%
8.6%
38.0%
38.0%
45.6%
45.6%
7.7%
7.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
16.1%
16.1%
7.1%
7.1%
2.9%
2.9%
73.0%
73.0%
0.9%
0.9%
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
5.2%
5.2%
31.4%
31.4%
37.6%
37.6%
19.9%
19.9%
3.3%
3.3%
2.5%
2.5%
0% 100.0%
% of Homes