Faulkner, MD—20632
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Faulkner, MD
As of Oct '25, the median home price in Faulkner, MD is $484,000, with a year-over-year change of 1.3%. This indicates that home prices in Faulkner, MD are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $484,000 | 1.3% |
| Single Family | $484,000 | 1.0% |
| 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 — Faulkner, MD
Faulkner, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Faulkner, MD
Faulkner, MD lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $790,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.9% | N/A |
Days on Market | 15 | N/A |
Demographics — Faulkner, MD
As of the latest ACS Survey released in 2023, Faulkner, MD has a population of 687, which has increased by 80.3% over the past 5 years. Faulkner, MD is a popular place for families, as children make up 32.9% of the population. The area has a highly educated workforce, with 45.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 687 | 80.3% |
% Under 18 | 32.9% | 71.4% |
% Seniors | 18.6% | -12.7% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 45.3% | 439.3% |
As of the latest ACS Survey released in 2023, Faulkner, MD is a predominantly asian area, with 39.7% of the population identifying as asian. The asian population has grown by Inf% in the last 5 years. The second most common race or ethnicity in Faulkner, MD is white, making up 33.6% of the population. Foreign-born residents account for 33.5% of the population in Faulkner, 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 | 33.6% | -59.1% |
% Black | 16.7% | ∞% |
% Hispanic | 15.3% | 14.2% |
% Asian | 39.7% | ∞% |
% Foreign Born | 33.5% | ∞% |
Mortgage and Risk — Faulkner, MD
Faulkner, MD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Faulkner, MD
Faulkner, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,990 |
| 2 Bedroom | N/A | N/A | $2,230 |
| 3 Bedroom | N/A | N/A | $2,790 |
| 4 Bedroom | N/A | N/A | $3,300 |
Affordability — Faulkner, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $484,000 |
| Median Household Income | $204,000 |