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 4,247 people, 1,668 houses or apartments, and a median cost of homes of $281,643, Indian Head real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Indian Head homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Indian Head, accounting for 61.14% of the town's housing units. Other types of housing that are prevalent in Indian Head include row houses and other attached homes ( 36.80%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indian Head. Owner-occupied housing accounts for 75.18% of Indian Head's homes, and 76.58% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Indian Head 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 Indian Head built between 1940-1969 ( 35.53%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.39%). There's also some housing in Indian Head built before 1939 ( 8.38%).
In the last 10 years, Indian Head has experienced some of the highest home appreciation rates of any community in the nation. Indian Head real estate appreciated 117.35% over the last ten years, which is an average annual home appreciation rate of 8.07%, putting Indian Head in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Indian Head definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Indian Head appreciation rates have trailed the rest of the nation. In the last twelve months, Indian Head'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 Indian Head were at -0.36%, which equates to an annual appreciation rate of -1.43%.
Relative to Maryland, our data show that Indian Head's latest annual appreciation rate is lower than 80% of the other cities and towns in Maryland.
$281,643
for Maryland
for nation
1,668
$1,458 / per month