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 6,313 people, 2,365 houses or apartments, and a median cost of homes of $271,316, Belcamp real estate values are some of the lowest in Maryland, although compared to real estate around the nation, Belcamp homes are still considered rather expensive.
Row houses and other attached homes are the single most common housing type in Belcamp, accounting for 49.21% of the town's housing units. Other types of housing that are prevalent in Belcamp include single-family detached homes ( 27.98%), large apartment complexes or high rise apartments ( 21.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.54%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Belcamp. Owner-occupied housing accounts for 67.75% of Belcamp's homes, and 58.07% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Belcamp 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 Belcamp built between 2000 and later ( 11.81%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.73%). There's also some housing in Belcamp built before 1939 ( 2.54%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Belcamp, where house values have increased just 49.21%, which is annualized rate of 4.08%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Belcamp appreciation rates have trailed the rest of the nation. In the last twelve months, Belcamp's appreciation rate has been 4.48%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Belcamp were at 2.23%, which equates to an annual appreciation rate of 9.22%.
Relative to Maryland, our data show that Belcamp's latest annual appreciation rate is lower than 60% of the other cities and towns in Maryland.
$271,316
for Maryland
for nation
2,365
$2,818 / per month