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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.



Middle River, 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 Q4 2023. 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

Middle River, MD Housing Market Trends

With 33,203 people, 12,082 houses or apartments, and a median cost of homes of $314,852, Middle River real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Middle River homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Middle River, accounting for 37.67% of the town's housing units. Other types of housing that are prevalent in Middle River include row houses and other attached homes ( 31.49%), large apartment complexes or high rise apartments ( 18.09%), and a few mobile homes or trailers ( 8.81%).

The most prevalent building size and type in Middle River are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.13% owning and 37.87% renting.

There is a lot of housing in Middle River 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 Middle River built between 1940-1969 ( 34.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.79%). There's also some housing in Middle River built before 1939 ( 2.70%).

Middle River Home Appreciation Rates

Middle River's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Middle River during the period has been just 5.13%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Middle River's appreciation rate, at 6.55%, has been at or slightly above the national average. In the latest quarter, Middle River's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Maryland, our data show that Middle River's latest annual appreciation rate is higher than 80% 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 Middle River differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Middle River - 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 Middle River real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$314,852

Middle River, MD Home Prices
> $1,327,000
$996,001 - $1,327,000
$664,001 - $996,000
$531,001 - $664,000
$398,001 - $531,000
$265,001 - $398,000
$133,001 - $265,000
$66,001 - $133,000
$0 - $66,000
0.5%
0.5%
1.6%
1.6%
9.6%
9.6%
6.0%
6.0%
14.3%
14.3%
31.1%
31.1%
23.5%
23.5%
7.9%
7.9%
5.5%
5.5%
0% 100.0%
% of Homes
Very Low

for Maryland

High

for nation

Number of Homes And Apartments:

12,082

Middle River Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,898 / per month

Homeownership Rate

Owners
Renters
62.1%
62.1%
37.9%
37.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.8%
8.8%
91.2%
91.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.8%
26.8%
35.6%
35.6%
34.9%
34.9%
2.7%
2.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
37.7%
37.7%
31.5%
31.5%
3.9%
3.9%
18.1%
18.1%
8.8%
8.8%
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
2.1%
2.1%
12.3%
12.3%
24.9%
24.9%
46.4%
46.4%
11.6%
11.6%
2.7%
2.7%
0% 100.0%
% of Homes