0
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.



Windsor Mill, 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

Windsor Mill, MD Housing Market Trends

With 43,077 people, 16,406 houses or apartments, and a median cost of homes of $321,293, Windsor Mill real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Windsor Mill homes are still considered rather expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Windsor Mill, accounting for 38.25% of the town's housing units. Other types of housing that are prevalent in Windsor Mill include single-family detached homes ( 35.80%), row houses and other attached homes ( 22.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.89%). 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.

People in Windsor Mill primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Windsor Mill has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Windsor Mill 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 Windsor Mill built between 1940-1969 ( 34.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.34%). There's also some housing in Windsor Mill built before 1939 ( 5.12%).

Windsor Mill Home Appreciation Rates

Windsor Mill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Windsor Mill during the period has been just 5.64%, which is lower than 70% of US communities.

Over the last year, Windsor Mill appreciation rates have trailed the rest of the nation. In the last twelve months, Windsor Mill's appreciation rate has been 5.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Windsor Mill were at 2.23%, which equates to an annual appreciation rate of 9.22%.

Relative to Maryland, our data show that Windsor Mill's latest annual appreciation rate is lower than 50% 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 Windsor Mill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Windsor Mill - 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 Windsor Mill real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$321,293

Windsor Mill, MD Home Prices
> $1,344,000
$1,008,001 - $1,344,000
$672,001 - $1,008,000
$537,001 - $672,000
$403,001 - $537,000
$269,001 - $403,000
$134,001 - $269,000
$67,001 - $134,000
$0 - $67,000
0.0%
0.0%
0.2%
0.2%
3.4%
3.4%
5.6%
5.6%
16.1%
16.1%
44.6%
44.6%
24.5%
24.5%
1.6%
1.6%
3.8%
3.8%
0% 100.0%
% of Homes
Very Low

for Maryland

High

for nation

Number of Homes And Apartments:

16,406

Windsor Mill Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,538 / per month

Homeownership Rate

Owners
Renters
45.4%
45.4%
54.6%
54.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.9%
4.9%
95.1%
95.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.3%
15.3%
45.3%
45.3%
34.3%
34.3%
5.1%
5.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
35.8%
35.8%
22.8%
22.8%
2.9%
2.9%
38.2%
38.2%
0.3%
0.3%
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
3.5%
3.5%
11.0%
11.0%
36.7%
36.7%
30.4%
30.4%
15.2%
15.2%
3.2%
3.2%
0% 100.0%
% of Homes