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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.



Hughesville, 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

Hughesville, MD Housing Market Trends

With a population of 2,438, 892 total housing units (homes and apartments), and a median house value of $665,875, Hughesville house prices are not only among the most expensive in Maryland, Hughesville real estate also is some of the most expensive in all of America.

Hughesville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Hughesville 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 Hughesville. Owner-occupied housing accounts for 94.75% of Hughesville's homes, and 78.76% have either three or four bedrooms, which is average sized relative to America.

Hughesville homes and real estate are some of the newest in America. 42.27% of Hughesville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hughesville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 37.94%), and between 1940-1969 ( 15.36%). There's also some housing in Hughesville built before 1939 ( 4.43%).

Hughesville Home Appreciation Rates

Hughesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hughesville during the period has been just 4.74%, which is lower than 80% of US communities.

Over the last year, Hughesville appreciation rates have trailed the rest of the nation. In the last twelve months, Hughesville's appreciation rate has been 3.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hughesville were at 3.11%, which equates to an annual appreciation rate of 13.04%.

Importantly, this makes Hughesville 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 Hughesville's latest annual appreciation rate is lower than 70% of the other cities and towns in Maryland.

Average Home Values

Median Home Value

$665,875

Hughesville, MD Home Prices
> $1,279,000
$959,001 - $1,279,000
$639,001 - $959,000
$512,001 - $639,000
$384,001 - $512,000
$256,001 - $384,000
$128,001 - $256,000
$64,001 - $128,000
$0 - $64,000
1.0%
1.0%
5.7%
5.7%
40.1%
40.1%
26.5%
26.5%
16.2%
16.2%
6.3%
6.3%
2.2%
2.2%
0.2%
0.2%
2.0%
2.0%
0% 100.0%
% of Homes
Very High

for Maryland

Very High

for nation

Number of Homes And Apartments:

892

Hughesville Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,579 / per month

Homeownership Rate

Owners
Renters
94.8%
94.8%
5.2%
5.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.0%
8.0%
92.0%
92.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
42.3%
42.3%
37.9%
37.9%
15.4%
15.4%
4.4%
4.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
95.7%
95.7%
4.3%
4.3%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
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
0.0%
0.0%
0.0%
0.0%
10.7%
10.7%
29.1%
29.1%
49.7%
49.7%
10.5%
10.5%
0% 100.0%
% of Homes