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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Charlotte Hall, MD Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Charlotte Hall, MD Housing Market Trends

With 1,388 people, 306 houses or apartments, and a median cost of homes of $402,141, Charlotte Hall real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Charlotte Hall, accounting for 81.52% of the town's housing units. Other types of housing that are prevalent in Charlotte Hall include mobile homes or trailers ( 8.18%), large apartment complexes or high rise apartments ( 4.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.24%).

The most prevalent building size and type in Charlotte Hall are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.96% owning and 44.04% renting.

There is a lot of housing in Charlotte Hall 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 Charlotte Hall built between 2000 and later ( 14.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.76%). There's also some housing in Charlotte Hall built before 1939 ( 2.42%).

Charlotte Hall Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Charlotte Hall, where house values have increased just 40.19%, which is annualized rate of 3.44%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Charlotte Hall appreciation rates have trailed the rest of the nation. In the last twelve months, Charlotte Hall's appreciation rate has been -0.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Charlotte Hall were at 6.40%, which equates to an annual appreciation rate of 28.16%.

Importantly, this makes Charlotte Hall one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Maryland, our data show that Charlotte Hall's latest annual appreciation rate is lower than 90% of the other cities and towns in Maryland.

Average Home Values

Median Home Value

$402,141

Charlotte Hall, MD Home Prices
> $1,152,000
$864,001 - $1,152,000
$576,001 - $864,000
$461,001 - $576,000
$346,001 - $461,000
$230,001 - $346,000
$115,001 - $230,000
$58,001 - $115,000
$0 - $58,000
0.0%
0.0%
1.0%
1.0%
6.9%
6.9%
8.9%
8.9%
57.5%
57.5%
23.9%
23.9%
0.0%
0.0%
0.8%
0.8%
1.1%
1.1%
0% 100.0%
% of Homes
Low

for Maryland

High

for nation

Number of Homes And Apartments:

306

Charlotte Hall Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,212 / per month

Homeownership Rate

Owners
Renters
56.0%
56.0%
44.0%
44.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.3%
7.3%
92.7%
92.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.8%
14.8%
77.0%
77.0%
5.8%
5.8%
2.4%
2.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.5%
81.5%
1.5%
1.5%
4.2%
4.2%
4.5%
4.5%
8.2%
8.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
13.3%
13.3%
0.0%
0.0%
43.6%
43.6%
23.6%
23.6%
19.4%
19.4%
0% 100.0%
% of Homes