Owings, MD—20736
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Owings, MD
As of Oct '25, the median home price in Owings, MD is $611,000, with a year-over-year change of 1.1%. This indicates that home prices in Owings, MD are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $611,000 | 1.2% |
| Single Family | $612,000 | 1.3% |
| 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 | $520,000 | 1.6% |
4 Bed | $650,000 | 0.6% |
| 5 Bed | $772,000 | 0.4% |
% of Housing Stock
Rental Trends — Owings, MD
As of July '25, Rentcast reports the average rent in Owings, MD is $2,580, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Owings, MD is 2-bedrooms: $2,050, 4-bedrooms: $4,150. The most common rental property sizes in Owings, MD are 2-bedroom and 3-bedroom, accounting for 60.6% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,050 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $4,150 | $4,150 |
% of Rental Stock
Property Listings — Owings, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Owings, MD is 34. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | 16.0% |
Listing Count | 21 | -3.0% |
| Listings as % of Homes | 0.7% | -3.0% |
Days on Market | 34 | 39.0% |
Demographics — Owings, MD
As of the latest ACS Survey released in 2023, Owings, MD has a population of 9,780, which has increased by 3.0% over the past 5 years. Owings, MD is a popular place for families, as children make up 27.6% of the population. The area has a moderately educated workforce, with 42.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,780 | 3.0% |
% Under 18 | 27.6% | 12.7% |
% Seniors | 14.2% | 4.4% |
% WFH | 14.1% | 123.8% |
% w/ College Degree | 42.3% | 21.9% |
As of the latest ACS Survey released in 2023, Owings, MD is a predominantly white area, with 79.7% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Owings, MD is black, making up 5.9% of the population. Foreign-born residents account for 3.0% of the population in Owings, MD, and this percentage has decreased by 3.2% 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 | 79.7% | -0.3% |
% Black | 5.9% | -49.6% |
% Hispanic | 5.2% | 147.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.0% | -3.2% |
Mortgage and Risk — Owings, MD
According to HUD data as of 2023, there were 196 mortgage originations in Owings, MD, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Owings, MD. Investor activity is low, as 0.0% 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 | 196 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Owings, MD
Owings, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,590 |
| 2 Bedroom | -$210 | $2,000 | $1,790 |
| 3 Bedroom | N/A | N/A | $2,240 |
| 4 Bedroom | -$1,510 | $4,150 | $2,640 |
Affordability — Owings, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $611,000 |
| Median Household Income | $160,000 |