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 9,306 people, 3,146 houses or apartments, and a median cost of homes of $523,972, Fallston house prices are not only among the most expensive in Maryland, Fallston real estate also is some of the most expensive in all of America.
Fallston is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Fallston than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fallston. Owner-occupied housing accounts for 94.34% of Fallston's homes, and 82.23% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Fallston 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 Fallston built between 1940-1969 ( 24.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.19%). There's also some housing in Fallston built before 1939 ( 2.07%).
Fallston's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fallston during the period has been just 3.27%, which is lower than 80% of US communities.
Over the last year, Fallston appreciation rates have trailed the rest of the nation. In the last twelve months, Fallston's appreciation rate has been 9.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fallston were at 0.67%, which equates to an annual appreciation rate of 2.70%.
Notably, Fallston's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Maryland, our data show that Fallston's latest annual appreciation rate is lower than 70% of the other cities and towns in Maryland.
Very High for Nation
Very High for MD