Saint Leonard, MD—20685
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Saint Leonard, MD
Home Price Trends — Saint Leonard, MD
As of Oct '25, the median home price in Saint Leonard, MD is $447,000, with a year-over-year change of 4.8%. This indicates that home prices in Saint Leonard, MD are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $447,000 | 4.8% |
| Single Family | $447,000 | 4.2% |
| 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 | $396,000 | 3.7% |
4 Bed | $525,000 | 3.8% |
| 5 Bed | $609,000 | 3.6% |
% of Housing Stock
Rental Trends — Saint Leonard, MD
As of July '25, Rentcast reports the average rent in Saint Leonard, MD is $2,300, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Saint Leonard, MD is 1-bedrooms: $1,400, 2-bedrooms: $1,930, 3-bedrooms: $2,500. The most common rental property sizes in Saint Leonard, MD are 1-bedroom and 3-bedroom, accounting for 52.7% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $2,000 | $1,930 |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Saint Leonard, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Leonard, MD is 50. This is a decrease of -24.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $559,000 | -8.0% |
Listing Count | 31 | 34.0% |
| Listings as % of Homes | 0.7% | 34.0% |
Days on Market | 50 | -24.0% |
Demographics — Saint Leonard, MD
As of the latest ACS Survey released in 2023, Saint Leonard, MD has a population of 6,480, which has decreased by -3.7% over the past 5 years. Saint Leonard, MD is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,480 | -3.7% |
% Under 18 | 19.5% | 1.6% |
% Seniors | 16.2% | 21.8% |
% WFH | 17.6% | 433.3% |
% w/ College Degree | 23.6% | -3.3% |
As of the latest ACS Survey released in 2023, Saint Leonard, MD is a predominantly white area, with 76.7% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Saint Leonard, MD is black, making up 13.8% of the population. Foreign-born residents account for 2.1% of the population in Saint Leonard, MD, and this percentage has decreased by 4.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.7% | -1.2% |
% Black | 13.8% | 20.0% |
% Hispanic | 2.4% | -44.2% |
% Asian | 0.3% | -57.1% |
% Foreign Born | 2.1% | -4.5% |
Mortgage and Risk — Saint Leonard, MD
According to HUD data as of 2023, there were 268 mortgage originations in Saint Leonard, MD, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Saint Leonard, MD. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 268 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Saint Leonard, MD
Saint Leonard, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 14.7% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $430 | $1,400 | $1,830 |
| 2 Bedroom | $60 | $2,000 | $2,060 |
| 3 Bedroom | $80 | $2,500 | $2,580 |
| 4 Bedroom | N/A | N/A | $3,040 |
Affordability — Saint Leonard, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $447,000 |
| Median Household Income | $122,000 |