Nanjemoy, MD—20662
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nanjemoy, MD
As of Oct '25, the median home price in Nanjemoy, MD is $394,000, with a year-over-year change of -0.8%. This indicates that home prices in Nanjemoy, MD are flat. 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 | $394,000 | -0.8% |
| Single Family | $394,000 | -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 | $413,000 | 1.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nanjemoy, MD
As of July '25, Rentcast reports the average rent in Nanjemoy, MD is $2,200, with a year-over-year rent change of 46.7%. Per bedroom, the median rent as of July '25 in Nanjemoy, MD is 3-bedrooms: $2,200. The most common rental property sizes in Nanjemoy, MD are 1-bedroom and 2-bedroom, accounting for 37.6% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nanjemoy, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Nanjemoy, MD is 37. This is a decrease of -66.0% 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 62.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | -30.0% |
Listing Count | 16 | 9.0% |
| Listings as % of Homes | 0.3% | 9.0% |
Days on Market | 37 | -66.0% |
Demographics — Nanjemoy, MD
As of the latest ACS Survey released in 2023, Nanjemoy, MD has a population of 2,330, which has decreased by -22.3% over the past 5 years. Nanjemoy, MD is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,330 | -22.3% |
% Under 18 | 25.5% | 19.7% |
% Seniors | 18.5% | 23.3% |
% WFH | 5.9% | 110.7% |
% w/ College Degree | 16.4% | 45.1% |
As of the latest ACS Survey released in 2023, Nanjemoy, MD is a predominantly white area, with 60.8% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Nanjemoy, MD is black, making up 25.9% of the population. Foreign-born residents account for 1.3% of the population in Nanjemoy, MD, and this percentage has increased by 85.7% 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 | 60.8% | -0.2% |
% Black | 25.9% | -15.6% |
% Hispanic | 0.0% | N/A |
% Asian | 1.1% | ∞% |
% Foreign Born | 1.3% | 85.7% |
Mortgage and Risk — Nanjemoy, MD
According to HUD data as of 2023, there were 50 mortgage originations in Nanjemoy, MD, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Nanjemoy, MD. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Nanjemoy, MD
Nanjemoy, 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 | $1,380 |
| 2 Bedroom | N/A | N/A | $1,550 |
| 3 Bedroom | -$260 | $2,200 | $1,940 |
| 4 Bedroom | N/A | N/A | $2,290 |
Affordability — Nanjemoy, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $394,000 |
| Median Household Income | $84,300 |