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 a population of 29,051, 8,746 total housing units (homes and apartments), and a median house value of $894,135, Clarksburg house prices are not only among the most expensive in Maryland, Clarksburg real estate also is some of the most expensive in all of America.
Clarksburg is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Clarksburg than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clarksburg. Owner-occupied housing accounts for 88.55% of Clarksburg's homes, and 72.16% have either three or four bedrooms, which is average sized relative to America.
Clarksburg homes and real estate are some of the newest in America. 88.78% of Clarksburg's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Clarksburg real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 7.54%), and between 1940-1969 ( 3.55%).
Clarksburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clarksburg during the period has been just 4.61%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Clarksburg's appreciation rate, at 7.01%, has been at or slightly above the national average. In the latest quarter, Clarksburg's appreciation rate has been 3.11%, which annualizes to a rate of 13.04%.
Importantly, this makes Clarksburg 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 Clarksburg's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Clarksburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clarksburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Clarksburg real estate investment or home purchase decisions.
$894,135
for Maryland
for nation
8,746
$3,450 / per month