Arnold, Maryland Housing Market Prices
Arnold Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 63% above the Maryland median$434,509
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Median rent 25% above the Maryland median$2,137
Housing Market Overview
| Metric | Arnold | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $434,509 | $267,101 | $248,835 |
| Price Trend (Annual %) | 5.6% | 3.4% | 7.5% |
| Median Gross Rent | $2,137 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Arnold is about 63% higher than in Maryland. Rent is about 25% higher than the Maryland average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Arnold, up about 5.6% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Arnold rose about 25.2% between 2015 and 2024, from $1,707 to $2,137. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Arnold.
Buying the median-priced home in Arnold costs roughly 16.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Arnold. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Arnold | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $434,509 | $267,101 | $248,835 |
| Median Household Income | $143,084 | $103,916 | $80,455 |
| Price-to-Income Ratio | 3.0 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Arnold fell about 5.7%, while median household income rose about 47.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Arnold | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 83.7% | 62.4% | 58.5% |
| Rental Rate | 13.1% | 29.9% | 31.2% |
| Vacancy Rate | 3.2% | 7.7% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Arnold has a homeownership rate of 83.7%, higher than the Maryland average of 62.4%. Its housing vacancy rate is 3.2%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Arnold | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1979 | 1977 | 1978 |
| Median Number of Rooms | 7.5 | 6.2 | 5.5 |
The typical housing unit in Arnold was built around 1979. On average, 2.7 people live in a home with about 7.5 rooms, staying for about 16.0 years on average.
Arnold, MD Housing Compared With Nearby Cities
How Arnold, MD compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Arnold, MD | 24,040 | $434,509 #2/2 | $2,137 #1/2 | 86.4% #1/2 |
| Annapolis, MD | 35,365 | $561,733 | $1,875 | 64.1% |
Frequently Asked Questions
Common questions about the housing market in Arnold, Maryland.
What is the median home price in Arnold, Maryland?
The median home price in Arnold, Maryland is $434,509, higher than the Maryland average of $267,101.
What is the average home price in Arnold, Maryland?
The typical home price in Arnold, Maryland, reported as the median sale price, is $434,509. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Arnold, Maryland?
The median gross rent in Arnold, Maryland is $2,137 per month, higher than the Maryland average of $1,704.
What was the median gross rent in Arnold in 2020?
In 2020, the median gross rent in Arnold, Maryland was $1,905 per month.
What is the price-to-rent ratio in Arnold, Maryland?
The price-to-rent ratio in Arnold, Maryland is about 16.9, meaning it would take roughly 16.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Arnold.
Are home prices or rent rising faster in Arnold, Maryland?
Both home prices and rent are rising in Arnold, up about 5.6% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Arnold, Maryland?
83.7% of households in Arnold, Maryland own their home, higher than the Maryland average of 62.4%.
What is the vacancy rate in Arnold, Maryland?
The housing vacancy rate in Arnold, Maryland is 3.2%, lower than the Maryland average of 7.7%.
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