Waldorf, MD—20603
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 $482,000, with a year-over-year change of 1.1%. This indicates that home prices in Waldorf, MD are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $482,000 | 1.1% |
| Single Family | $484,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $365,000 | 1.4% |
3 Bed | $384,000 | 1.1% |
4 Bed | $520,000 | 0.2% |
| 5 Bed | $605,000 | -0.5% |
% of Housing Stock
Rental Trends — Waldorf, MD
As of July '25, Rentcast reports the average rent in Waldorf, MD is $2,860, with a year-over-year rent change of 8.7%. Per bedroom, the median rent as of July '25 in Waldorf, MD is 1-bedrooms: $1,580, 2-bedrooms: $1,840, 3-bedrooms: $2,690, 4-bedrooms: $3,260. The most common rental property sizes in Waldorf, MD are 1-bedroom and 3-bedroom, accounting for 35.8% and 21.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,760 | $1,580 |
| 2 Bed Rent | $1,380 | $1,840 |
| 3 Bed Rent | $2,650 | $2,690 |
| 4 Bed Rent | $3,350 | $3,260 |
% 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 41. This is a increase of 38.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $565,000 | 18.0% |
Listing Count | 126 | 63.0% |
| Listings as % of Homes | 0.6% | 63.0% |
Days on Market | 41 | 38.0% |
Demographics — Waldorf, MD
As of the latest ACS Survey released in 2023, Waldorf, MD has a population of 32,600, which has increased by 4.0% over the past 5 years. Waldorf, MD is a popular place for families, as children make up 25.5% of the population. The area has a moderately educated workforce, with 37.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,600 | 4.0% |
% Under 18 | 25.5% | -4.9% |
% Seniors | 8.4% | 23.5% |
% WFH | 15.8% | 285.4% |
% w/ College Degree | 37.1% | -7.5% |
As of the latest ACS Survey released in 2023, Waldorf, MD is a predominantly black area, with 61.9% of the population identifying as black. The black population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Waldorf, MD is white, making up 18.2% of the population. Foreign-born residents account for 10.3% of the population in Waldorf, MD, and this percentage has increased by 32.1% 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 | 18.2% | -31.3% |
% Black | 61.9% | 9.6% |
% Hispanic | 9.5% | 50.8% |
% Asian | 5.9% | 15.7% |
% Foreign Born | 10.3% | 32.1% |
Mortgage and Risk — Waldorf, MD
According to HUD data as of 2023, there were 703 mortgage originations in Waldorf, MD, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Waldorf, MD. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 703 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Waldorf, MD
As of 2024, the percent of homes in Waldorf, MD under the Section 8 program is 9.8%. 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 | 223 |
Total Units Section 8 | 223 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,760 | $2,100 |
| 2 Bedroom | $980 | $1,380 | $2,360 |
| 3 Bedroom | $300 | $2,650 | $2,950 |
| 4 Bedroom | $130 | $3,350 | $3,480 |
Affordability — Waldorf, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $482,000 |
| Median Household Income | $137,000 |