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 398, 142 total housing units (homes and apartments), and a median house value of $577,432, real estate costs in Darlington are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Maryland communities.
Single-family detached homes are the single most common housing type in Darlington, accounting for 70.81% of the town's housing units. Other types of housing that are prevalent in Darlington include duplexes, homes converted to apartments or other small apartment buildings ( 11.80%), large apartment complexes or high rise apartments ( 9.94%), and a few row houses and other attached homes ( 7.45%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Darlington. Owner-occupied housing accounts for 87.32% of Darlington's homes, and 59.01% have either three or four bedrooms, which is average sized relative to America.
The housing in Darlington was primarily built before 1939 ( 50.93%), making the housing stock in Darlington some of the oldest overall in America, although there is a range of ages of homes in Darlington. The next most important housing age is between 2000 and later ( 24.84%), followed by between 1940-1969 ( 14.29%). There's also some housing in Darlington built between 1970-1999 ( 9.94%).
Vacant housing appears to be an issue in Darlington. Fully 11.80% of the housing stock is classified as vacant. Left unchecked, vacant Darlington homes and apartments can be a drag on the real estate market, holding Darlington real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Darlington's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Darlington during the period has been just 5.52%, which is lower than 70% of US communities.
Appreciation rates are so strong in Darlington that despite a nationwide downturn in the housing market, Darlington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Darlington appreciation rates continue to be some of the highest in America, at 7.43%, which is higher than appreciation rates in 90.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Darlington. Darlington appreciation rates in the latest quarter were at 0.55%, which equates to an annual appreciation rate of 2.24%.
Relative to Maryland, our data show that Darlington's latest annual appreciation rate is higher than 70% of the other cities and towns in Maryland.
$577,432
for Maryland
for nation
142
$2,095 / per month