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 9,920, 3,422 total housing units (homes and apartments), and a median house value of $923,813, Davidsonville house prices are not only among the most expensive in Maryland, Davidsonville real estate also is some of the most expensive in all of America.
Davidsonville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Davidsonville than is found in 98% of the communities in America.
The large homes that make up Davidsonville are primarily owner-occupied ( 95.91%).
There is a lot of housing in Davidsonville 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 Davidsonville built between 2000 and later ( 22.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.54%). There's also some housing in Davidsonville built before 1939 ( 2.35%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Davidsonville, where house values have increased just 57.53%, which is annualized rate of 4.65%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Davidsonville that despite a nationwide downturn in the housing market, Davidsonville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Davidsonville appreciation rates continue to be some of the highest in America, at 6.85%, which is higher than appreciation rates in 86.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Davidsonville. Davidsonville appreciation rates in the latest quarter were at 0.55%, which equates to an annual appreciation rate of 2.24%.
Relative to Maryland, our data show that Davidsonville's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.
$923,813
for Maryland
for nation
3,422
$5,988 / per month