Avenue, MD 20609 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Avenue, MD—20609

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$438,000

3.6% YoY Growth

Household Income

$114,000

154.3% YoY Growth

Days on Market

26.0% Longer YoY

Home Price Forecast

-1.1%

Median Rent

$1,700

54.2% YoY Growth

1-Bed Rent

$2,000

N/A

2-Bed Rent

$1,700

41.7% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Avenue, MD

As of May '26, the median home price in Avenue, MD is $438,000, with a year-over-year change of 3.6%. This indicates that home prices in Avenue, MD are increasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$438,000	3.6%
Single Family	$439,000	4.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

Loading chart...

% of Rental Stock

2 Bedrooms

100.0%

Property Listings — Avenue, MD

As of May '26, Realtor.com reports that the median days on market for a home in Avenue, MD is 48. This is a increase of 26.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$688,000	-35.0%
Listing Count	10	271.0%
Listings as % of Homes	0.2%	271.0%
Days on Market	48	26.0%

Loading chart...

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%

Loading chart...

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%	∞%

Loading chart...

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%

Loading chart...

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

Avenue, MD—20609

Key Metrics at a Glance

Home Price Trends — Avenue, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Avenue, MD

% of Rental Stock

Property Listings — Avenue, MD

Demographics — Avenue, MD

Race and Ethnicity

Mortgage and Risk — Avenue, MD

Mortgages

Rentals and Section 8 — Avenue, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Avenue, MD

Home Price to Income Ratio

Avenue, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Abell, MD

Coltons Point, MD

Bushwood, MD

Clements, MD

Chaptico, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$438,000
Median Household Income	$114,000

Avenue, MD—20609

Key Metrics at a Glance

Home Price Trends — Avenue, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Avenue, MD

% of Rental Stock

Property Listings — Avenue, MD

Demographics — Avenue, MD

Race and Ethnicity

Mortgage and Risk — Avenue, MD

Mortgages

Rentals and Section 8 — Avenue, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Avenue, MD

Home Price to Income Ratio

Avenue, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Abell, MD

Coltons Point, MD

Bushwood, MD

Clements, MD

Chaptico, MD

Frequently Asked Questions

What is the average home price in Avenue, MD 20609?

How have home prices in Avenue, MD 20609 changed over the past year?

What is the home price projection for Avenue, MD 20609?

What are the demographics of Avenue, MD 20609?

How long does it take homes to sell in Avenue, MD 20609?

What is the average rent price in Avenue, MD 20609?