Waldorf, MD—20601
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waldorf, MD
As of Oct '25, the median home price in Waldorf, MD is $438,000, with a year-over-year change of 1.0%. This indicates that home prices in Waldorf, MD are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $438,000 | 1.0% |
| Single Family | $439,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $302,000 | 1.3% |
3 Bed | $399,000 | 1.3% |
4 Bed | $477,000 | 0.0% |
| 5 Bed | $563,000 | -0.5% |
% of Housing Stock
Rental Trends — Waldorf, MD
As of July '25, Rentcast reports the average rent in Waldorf, MD is $2,640, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Waldorf, MD is studios: $1,300, 1-bedrooms: $1,310, 2-bedrooms: $2,030, 3-bedrooms: $2,720, 4-bedrooms: $3,240. The most common rental property sizes in Waldorf, MD are 3-bedroom and 2-bedroom, accounting for 45.2% and 36.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,640 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | $1,100 | $1,310 |
| 2 Bed Rent | $1,860 | $2,030 |
| 3 Bed Rent | $2,620 | $2,720 |
| 4 Bed Rent | $3,150 | $3,240 |
% of Rental Stock
Property Listings — Waldorf, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Waldorf, MD is 44. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -1.0% |
Listing Count | 110 | 66.0% |
| Listings as % of Homes | 0.6% | 66.0% |
Days on Market | 44 | 43.0% |
Demographics — Waldorf, MD
As of the latest ACS Survey released in 2023, Waldorf, MD has a population of 27,300, which has increased by 3.6% over the past 5 years. Waldorf, MD is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 32.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | 3.6% |
% Under 18 | 23.8% | -10.5% |
% Seniors | 12.7% | 30.9% |
% WFH | 13.1% | 385.2% |
% w/ College Degree | 32.1% | 17.6% |
As of the latest ACS Survey released in 2023, Waldorf, MD is a predominantly black area, with 55.4% of the population identifying as black. The black population has grown by 7.2% in the last 5 years. The second most common race or ethnicity in Waldorf, MD is white, making up 24.4% of the population. Foreign-born residents account for 9.6% of the population in Waldorf, MD, and this percentage has increased by 10.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 24.4% | -26.7% |
% Black | 55.4% | 7.2% |
% Hispanic | 9.4% | 34.3% |
% Asian | 3.3% | 3.1% |
% Foreign Born | 9.6% | 10.3% |
Mortgage and Risk — Waldorf, MD
According to HUD data as of 2023, there were 571 mortgage originations in Waldorf, MD, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Waldorf, MD. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 571 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Waldorf, MD
As of 2024, the percent of homes in Waldorf, MD under the Section 8 program is 10.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Waldorf, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 218 |
Total Units Section 8 | 211 |
% Rentals under Section 8 | 10.0% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $990 | $1,100 | $2,090 |
| 2 Bedroom | $490 | $1,860 | $2,350 |
| 3 Bedroom | $320 | $2,620 | $2,940 |
| 4 Bedroom | $320 | $3,150 | $3,470 |
Affordability — Waldorf, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $438,000 |
| Median Household Income | $120,000 |