Harwood, MD—20776
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harwood, MD
As of Oct '25, the median home price in Harwood, MD is $748,000, with a year-over-year change of 3.6%. This indicates that home prices in Harwood, MD are increasing. 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 | $748,000 | 3.6% |
| Single Family | $748,000 | 3.3% |
| 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 | N/A | N/A |
4 Bed | $847,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harwood, MD
Harwood, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Harwood, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Harwood, MD is 57. This is a decrease of -13.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $908,000 | 7.0% |
Listing Count | 11 | 105.0% |
| Listings as % of Homes | 0.5% | 105.0% |
Days on Market | 57 | -13.0% |
Demographics — Harwood, MD
As of the latest ACS Survey released in 2023, Harwood, MD has a population of 3,350, which has increased by 6.5% over the past 5 years. Harwood, MD is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,350 | 6.5% |
% Under 18 | 24.7% | -4.3% |
% Seniors | 22.0% | 18.9% |
% WFH | 18.4% | 607.7% |
% w/ College Degree | 38.3% | 14.0% |
As of the latest ACS Survey released in 2023, Harwood, MD is a predominantly white area, with 76.1% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Harwood, MD is black, making up 14.6% of the population. Foreign-born residents account for 3.9% of the population in Harwood, MD, and this percentage has increased by 143.8% 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 | 76.1% | 0.8% |
% Black | 14.6% | -8.8% |
% Hispanic | 4.6% | 411.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.9% | 143.8% |
Mortgage and Risk — Harwood, MD
According to HUD data as of 2023, there were 68 mortgage originations in Harwood, MD, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Harwood, MD. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 68 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Harwood, MD
Harwood, 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 | $1,900 |
| 2 Bedroom | N/A | N/A | $2,300 |
| 3 Bedroom | N/A | N/A | $2,950 |
| 4 Bedroom | N/A | N/A | $3,320 |
Affordability — Harwood, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $748,000 |
| Median Household Income | $122,000 |