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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.



Temple Hills, 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

Temple Hills, MD Housing Market Trends

With 8,350 people, 3,475 houses or apartments, and a median cost of homes of $452,333, Temple Hills 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 Temple Hills, accounting for 63.00% of the town's housing units. Other types of housing that are prevalent in Temple Hills include single-family detached homes ( 26.32%), row houses and other attached homes ( 9.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.58%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

People in Temple Hills primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Temple Hills has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Temple Hills 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 Temple Hills built between 1940-1969 ( 33.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.37%). There's also some housing in Temple Hills built before 1939 ( 4.01%).

Vacant housing appears to be an issue in Temple Hills. Fully 11.19% of the housing stock is classified as vacant. Left unchecked, vacant Temple Hills homes and apartments can be a drag on the real estate market, holding Temple Hills 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.

Temple Hills Home Appreciation Rates

Real estate appreciation rates in Temple Hills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.17% during the period.

Over the last year, Temple Hills appreciation rates have trailed the rest of the nation. In the last twelve months, Temple Hills's appreciation rate has been 3.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Temple Hills were at 3.11%, which equates to an annual appreciation rate of 13.04%.

Importantly, this makes Temple Hills 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 Temple Hills's latest annual appreciation rate is lower 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 Temple Hills differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Temple Hills - 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 Temple Hills real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$452,333

Temple Hills, MD Home Prices
> $1,255,000
$941,001 - $1,255,000
$627,001 - $941,000
$502,001 - $627,000
$376,001 - $502,000
$251,001 - $376,000
$126,001 - $251,000
$63,001 - $126,000
$0 - $63,000
0.0%
0.0%
0.0%
0.0%
5.5%
5.5%
10.1%
10.1%
39.7%
39.7%
23.7%
23.7%
8.2%
8.2%
5.6%
5.6%
7.2%
7.2%
0% 100.0%
% of Homes
Average

for Maryland

High

for nation

Number of Homes And Apartments:

3,475

Temple Hills Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,500 / per month

Homeownership Rate

Owners
Renters
36.0%
36.0%
64.0%
64.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.2%
11.2%
88.8%
88.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.4%
5.4%
57.0%
57.0%
33.6%
33.6%
4.0%
4.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
26.3%
26.3%
9.1%
9.1%
1.6%
1.6%
63.0%
63.0%
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
2.2%
2.2%
23.9%
23.9%
38.0%
38.0%
23.3%
23.3%
9.7%
9.7%
2.9%
2.9%
0% 100.0%
% of Homes