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 6,268 people, 2,160 houses or apartments, and a median cost of homes of $433,939, Glenarden real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Glenarden, accounting for 68.66% of the city's housing units. Other types of housing that are prevalent in Glenarden include row houses and other attached homes ( 22.29%), large apartment complexes or high rise apartments ( 8.60%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glenarden. Owner-occupied housing accounts for 81.35% of Glenarden's homes, and 76.19% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Glenarden's housing was primarily built during this period, from the '40s through the '60s. A full 39.28% of the city's housing hails from this era. Other housing ages represented in Glenarden include homes built between 2000 and later ( 31.61%) and housing constructed between 1970-1999 ( 28.31%).
Appreciation rates for homes in Glenarden have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.99%, which ranks in the top 50% nationwide. This equates to an annual average Glenarden house appreciation rate of 6.68%.
Over the last year, Glenarden appreciation rates have trailed the rest of the nation. In the last twelve months, Glenarden's appreciation rate has been 3.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glenarden were at 3.11%, which equates to an annual appreciation rate of 13.04%.
Importantly, this makes Glenarden one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Maryland, our data show that Glenarden's latest annual appreciation rate is lower than 70% of the other cities and towns in Maryland.
$433,939
for Maryland
for nation
2,160
$2,227 / per month