Avenue, MD—20609
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avenue, MD
As of Oct '25, the median home price in Avenue, MD is $420,000, with a year-over-year change of 2.8%. This indicates that home prices in Avenue, MD are increasing. 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 | $420,000 | 2.8% |
| Single Family | $420,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Avenue, MD
As of July '25, Rentcast reports the average rent in Avenue, MD is $1,850, with a year-over-year rent change of 54.2%. Per bedroom, the median rent as of July '25 in Avenue, MD is 1-bedrooms: $2,000, 2-bedrooms: $1,700. The most common rental property sizes in Avenue, MD are 2-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Avenue, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Avenue, MD is 72. This is a increase of 190.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $676,000 | -25.0% |
Listing Count | 3 | 57.0% |
| Listings as % of Homes | 0.2% | 57.0% |
Days on Market | 72 | 190.0% |
Demographics — Avenue, MD
As of the latest ACS Survey released in 2023, Avenue, MD has a population of 976, which has decreased by -14.0% over the past 5 years. Avenue, MD is a less popular place for families, as children make up 13.1% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 976 | -14.0% |
% Under 18 | 13.1% | -49.4% |
% Seniors | 30.4% | 26.1% |
% WFH | 18.3% | 137.7% |
% w/ College Degree | 21.3% | 60.2% |
As of the latest ACS Survey released in 2023, Avenue, MD is a predominantly white area, with 85.1% of the population identifying as white. The white population has grown by 11.1% in the last 5 years. The second most common race or ethnicity in Avenue, MD is black, making up 13.3% of the population. Foreign-born residents account for 0.8% of the population in Avenue, MD, and this percentage has increased by Inf% 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 | 85.1% | 11.1% |
% Black | 13.3% | 38.5% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.7% | ∞% |
% Foreign Born | 0.8% | ∞% |
Mortgage and Risk — Avenue, MD
According to HUD data as of 2023, there were 66 mortgage originations in Avenue, MD, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Avenue, MD. Investor activity is low, as 0.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Avenue, MD
Avenue, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $2,000 | $1,620 |
| 2 Bedroom | $130 | $1,700 | $1,830 |
| 3 Bedroom | N/A | N/A | $2,280 |
| 4 Bedroom | N/A | N/A | $2,820 |
Affordability — Avenue, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $420,000 |
| Median Household Income | $114,000 |