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 24,184, 10,305 total housing units (homes and apartments), and a median house value of $535,489, Cockeysville real estate prices are well above average cost compared to national prices.
Large apartment complexes or high rise apartments are the single most common housing type in Cockeysville, accounting for 61.41% of the town's housing units. Other types of housing that are prevalent in Cockeysville include single-family detached homes ( 23.54%), row houses and other attached homes ( 12.02%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.03%). 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.
Cockeysville is dominated by renter-occupied one, two, or no bedrooms apartments. 65.47% of Cockeysville's dwellings are rentals.
There is a lot of housing in Cockeysville 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 Cockeysville built between 1940-1969 ( 26.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.13%). There's also some housing in Cockeysville built before 1939 ( 2.54%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Cockeysville, where house values have increased just 52.48%, which is annualized rate of 4.31%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Cockeysville's appreciation rate, at 5.43%, has been at or slightly above the national average. In the latest quarter, Cockeysville's appreciation rate has been 2.23%, which annualizes to a rate of 9.22%.
Relative to Maryland, our data show that Cockeysville's latest annual appreciation rate is higher than 50% 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 Cockeysville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cockeysville - 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 Cockeysville real estate investment or home purchase decisions.
$535,489
for Maryland
for nation
10,305
$2,454 / per month