Cedar Cove, MD—20670
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedar Cove, MD
Cedar Cove, MD lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Cedar Cove, MD
Cedar Cove, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,210 | $2,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,210 | $2,210 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cedar Cove, MD
Cedar Cove, MD lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Cedar Cove, MD
As of the latest ACS Survey released in 2023, Cedar Cove, MD has a population of 1,580, which has increased by 1.6% over the past 5 years. Cedar Cove, MD is a popular place for families, as children make up 39.6% 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 few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,580 | 1.6% |
% Under 18 | 39.6% | 8.5% |
% Seniors | 0.8% | 300.0% |
% WFH | 4.5% | 104.5% |
% w/ College Degree | 25.8% | -17.3% |
As of the latest ACS Survey released in 2023, Cedar Cove, MD is a predominantly white area, with 54.2% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Cedar Cove, MD is black, making up 24.4% of the population. Foreign-born residents account for 9.9% of the population in Cedar Cove, MD, and this percentage has increased by 62.3% 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 | 54.2% | -6.9% |
% Black | 24.4% | 45.2% |
% Hispanic | 10.5% | -19.2% |
% Asian | 0.6% | -86.4% |
% Foreign Born | 9.9% | 62.3% |
Mortgage and Risk — Cedar Cove, MD
Cedar Cove, 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 — Cedar Cove, MD
Cedar Cove, 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 | 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 | $1,970 |
| 2 Bedroom | N/A | N/A | $2,220 |
| 3 Bedroom | $560 | $2,210 | $2,770 |
| 4 Bedroom | N/A | N/A | $3,420 |
Affordability — Cedar Cove, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $70,900 |