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 9,635 people, 3,139 houses or apartments, and a median cost of homes of $335,675, Bladensburg real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Bladensburg homes are still considered rather expensive.
Large apartment complexes or high rise apartments are the single most common housing type in Bladensburg, accounting for 75.52% of the town's housing units. Other types of housing that are prevalent in Bladensburg include single-family detached homes ( 15.32%), row houses and other attached homes ( 5.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.13%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.
Bladensburg is dominated by renter-occupied one, two, or no bedrooms apartments. 79.45% of Bladensburg's dwellings are rentals.
There is a lot of housing in Bladensburg 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 Bladensburg built between 1940-1969 ( 34.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.76%). There's also some housing in Bladensburg built before 1939 ( 5.29%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Bladensburg, where house values have increased just 58.48%, which is annualized rate of 4.71%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Bladensburg appreciation rates have trailed the rest of the nation. In the last twelve months, Bladensburg's appreciation rate has been 2.00%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bladensburg were at -0.36%, which equates to an annual appreciation rate of -1.43%.
Relative to Maryland, our data show that Bladensburg's latest annual appreciation rate is lower than 90% of the other cities and towns in Maryland.
$335,675
for Maryland
for nation
3,139
$2,315 / per month