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 9,015 people, 3,309 houses or apartments, and a median cost of homes of $327,514, Brunswick real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Brunswick homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Brunswick, accounting for 68.60% of the city's housing units. Other types of housing that are prevalent in Brunswick include row houses and other attached homes ( 23.34%), duplexes, homes converted to apartments or other small apartment buildings ( 4.51%), and a few large apartment complexes or high rise apartments ( 2.95%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brunswick. Owner-occupied housing accounts for 86.13% of Brunswick's homes, and 75.27% have either three or four bedrooms, which is average sized relative to America.
Brunswick homes and real estate are some of the newest in America. 39.11% of Brunswick's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Brunswick real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.82%), and before 1939 ( 27.07%). There's also some housing in Brunswick built between 1940-1969 ( 6.01%).
Real estate appreciation rates in Brunswick's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.50% during the period.
Over the last year, Brunswick appreciation rates have trailed the rest of the nation. In the last twelve months, Brunswick'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 Brunswick were at -0.36%, which equates to an annual appreciation rate of -1.43%.
Relative to Maryland, our data show that Brunswick's latest annual appreciation rate is lower than 90% of the other cities and towns in Maryland.
$327,514
for Maryland
for nation
3,309
$1,736 / per month