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Mechanicsville, MD—20659

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$443,000
2.9% YoY Growth
Household Income
$118,000
23.9% YoY Growth
Days on Market
23
15.0% Shorter YoY
Home Price Forecast
-0.6%
Median Rent
$2,200
8.0% YoY Growth
1-Bed Rent
$1,600
25.0% YoY Growth
2-Bed Rent
$1,900
36.4% YoY Growth
3-Bed Rent
$2,400
3.8% YoY Growth

Other Zip Codes in Mechanicsville, MD

20622
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mechanicsville, MD

As of May '26, the median home price in Mechanicsville, MD is $443,000, with a year-over-year change of 2.9%. This indicates that home prices in Mechanicsville, MD are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$443,0002.9%
Single Family $444,0003.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$326,0001.2%
    3 Bed
    		$413,0003.0%
    4 Bed
    		$506,0003.1%
    5 Bed $604,8662.9%
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    % of Housing Stock

    1 Bedroom
    0.9%
    2 Bedrooms
    5.6%
    3 Bedrooms
    47.6%
    4 Bedrooms
    35.4%
    5+ Bedrooms
    10.5%

    Rental Trends — Mechanicsville, MD

    As of July '25, Rentcast reports the average rent in Mechanicsville, MD is $2,420, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Mechanicsville, MD is studios: $2,000, 1-bedrooms: $1,600, 2-bedrooms: $1,950, 3-bedrooms: $2,470, 4-bedrooms: $3,350. The most common rental property sizes in Mechanicsville, MD are 3-bedroom and 4-bedroom, accounting for 43.9% and 27.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,420
    Studio Rent $2,000$2,000
    1 Bed Rent $1,600$1,600
    2 Bed Rent $1,900$1,950
    3 Bed Rent $2,400$2,470
    4 Bed Rent $3,500$3,350
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    % of Rental Stock

    2 Bedrooms
    23.7%
    3 Bedrooms
    43.9%
    4 Bedrooms
    27.9%
    5+ Bedrooms
    4.5%

    Property Listings — Mechanicsville, MD

    As of May '26, Realtor.com reports that the median days on market for a home in Mechanicsville, MD is 23. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$499,0007.0%
    Listing Count
    		696.0%
    Listings as % of Homes0.5%6.0%
    Days on Market
    		23-15.0%
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    Demographics — Mechanicsville, MD

    As of the latest ACS Survey released in 2023, Mechanicsville, MD has a population of 23,900, which has increased by 2.4% over the past 5 years. Mechanicsville, MD is a popular place for families, as children make up 28.2% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		23,9002.4%
    % Under 18
    		28.2%21.0%
    % Seniors
    		15.0%4.2%
    % WFH
    		14.5%367.7%
    % w/ College Degree
    		25.8%26.5%
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    As of the latest ACS Survey released in 2023, Mechanicsville, MD is a predominantly white area, with 85.5% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Mechanicsville, MD is black, making up 6.7% of the population. Foreign-born residents account for 2.4% of the population in Mechanicsville, MD, and this percentage has increased by 4.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		85.5%1.3%
    % Black
    		6.7%-32.3%
    % Hispanic
    		3.1%6.9%
    % Asian
    		0.6%-45.5%
    % Foreign Born
    		2.4%4.3%
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    Mortgage and Risk — Mechanicsville, MD

    According to HUD data as of 2023, there were 439 mortgage originations in Mechanicsville, MD, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Mechanicsville, MD. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		439
    % Conventional Loans
    		62.0%
    % Government Loans
    		38.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		19.0%
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    Rentals and Section 8 — Mechanicsville, MD

    As of 2024, the percent of homes in Mechanicsville, MD under the Section 8 program is 6.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Mechanicsville, MD, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		49
    Total Units Section 8
    		49
    % Rentals under Section 8
    		6.7%
    % Occupied Section 8
    		71.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$30$1,600$1,630
    2 Bedroom-$70$1,900$1,830
    3 Bedroom-$110$2,400$2,290
    4 Bedroom-$680$3,500$2,820

    Affordability — Mechanicsville, MD

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.4
    Median Home Price$443,000
    Median Household Income$118,000

    Mechanicsville, MD — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Clements, MD

    20624

    Holly Oaks, MD

    20656

    Chaptico, MD

    20621

    Hughesville, MD

    20637

    Mechanicsville, MD

    20622

    Frequently Asked Questions