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 8,211 people, 3,018 houses or apartments, and a median cost of homes of $335,947, 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 66.94% of the city's housing units. Other types of housing that are prevalent in Brunswick include row houses and other attached homes ( 22.48%), large apartment complexes or high rise apartments ( 5.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.08%).
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 82.94% of Brunswick's homes, and 79.69% 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. 36.92% 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 ( 29.03%), and before 1939 ( 25.42%). There's also some housing in Brunswick built between 1940-1969 ( 8.62%).
Appreciation rates for homes in Brunswick have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.80%, which ranks in the top 40% nationwide. This equates to an annual average Brunswick house appreciation rate of 7.06%.
NeighborhoodScout's data show that during the latest twelve months, Brunswick's appreciation rate, at 6.58%, has been at or slightly above the national average. In the latest quarter, Brunswick's appreciation rate has been 3.11%, which annualizes to a rate of 13.04%.
Importantly, this makes Brunswick 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 Brunswick's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.
$335,947
for Maryland
for nation
3,018
$1,516 / per month