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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.



Havre de Grace, 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

Havre de Grace, MD Housing Market Trends

With 14,996 people, 6,093 houses or apartments, and a median cost of homes of $457,541, Havre de Grace real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Havre de Grace, accounting for 51.30% of the city's housing units. Other types of housing that are prevalent in Havre de Grace include row houses and other attached homes ( 23.33%), large apartment complexes or high rise apartments ( 18.17%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Havre de Grace. Owner-occupied housing accounts for 69.58% of Havre de Grace's homes, and 62.83% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Havre de Grace 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 Havre de Grace built between 2000 and later ( 31.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.31%). There's also some housing in Havre de Grace built before 1939 ( 12.26%).

Havre de Grace Home Appreciation Rates

Havre de Grace's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Havre de Grace during the period has been just 5.04%, which is lower than 80% of US communities.

Over the last year, Havre de Grace appreciation rates have trailed the rest of the nation. In the last twelve months, Havre de Grace's appreciation rate has been 1.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Havre de Grace were at 2.23%, which equates to an annual appreciation rate of 9.22%.

Relative to Maryland, our data show that Havre de Grace's latest annual appreciation rate is lower than 80% 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 city. Individual neighborhoods within Havre de Grace differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Havre de Grace - 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 Havre de Grace real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$457,541

Havre de Grace, MD Home Prices
> $1,281,000
$961,001 - $1,281,000
$641,001 - $961,000
$512,001 - $641,000
$384,001 - $512,000
$256,001 - $384,000
$128,001 - $256,000
$64,001 - $128,000
$0 - $64,000
0.8%
0.8%
2.6%
2.6%
11.1%
11.1%
16.6%
16.6%
27.2%
27.2%
30.5%
30.5%
8.4%
8.4%
0.7%
0.7%
2.0%
2.0%
0% 100.0%
% of Homes
Average

for Maryland

High

for nation

Number of Homes And Apartments:

6,093

Havre de Grace Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,062 / per month

Homeownership Rate

Owners
Renters
69.6%
69.6%
30.4%
30.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.2%
6.2%
93.8%
93.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
31.7%
31.7%
32.7%
32.7%
23.3%
23.3%
12.3%
12.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.3%
51.3%
23.3%
23.3%
7.2%
7.2%
18.2%
18.2%
0.0%
0.0%
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
0.8%
0.8%
7.0%
7.0%
25.2%
25.2%
42.1%
42.1%
20.8%
20.8%
4.2%
4.2%
0% 100.0%
% of Homes