Clarksburg, MD—20871
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clarksburg, MD
As of Oct '25, the median home price in Clarksburg, MD is $633,000, with a year-over-year change of -0.5%. This indicates that home prices in Clarksburg, MD are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $633,000 | -0.5% |
| Single Family | $664,000 | -1.3% |
| Condos | $409,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $405,000 | -0.5% |
3 Bed | $555,000 | -0.4% |
4 Bed | $735,000 | -1.7% |
| 5 Bed | $906,000 | -2.7% |
% of Housing Stock
Rental Trends — Clarksburg, MD
As of July '25, Rentcast reports the average rent in Clarksburg, MD is $3,300, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Clarksburg, MD is 1-bedrooms: $1,500, 2-bedrooms: $2,580, 3-bedrooms: $3,120, 4-bedrooms: $3,690. The most common rental property sizes in Clarksburg, MD are 2-bedroom and 3-bedroom, accounting for 44.4% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $2,400 | $2,580 |
| 3 Bed Rent | $3,150 | $3,120 |
| 4 Bed Rent | $3,400 | $3,690 |
% of Rental Stock
Property Listings — Clarksburg, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Clarksburg, MD is 30. This is a increase of 29.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $633,000 | 4.0% |
Listing Count | 74 | 5.0% |
| Listings as % of Homes | 0.6% | 5.0% |
Days on Market | 30 | 29.0% |
Demographics — Clarksburg, MD
As of the latest ACS Survey released in 2023, Clarksburg, MD has a population of 28,300, which has increased by 41.6% over the past 5 years. Clarksburg, MD is a popular place for families, as children make up 30.0% of the population. The area has a highly educated workforce, with 67.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | 41.6% |
% Under 18 | 30.0% | -8.8% |
% Seniors | 8.7% | 26.1% |
% WFH | 26.6% | 285.5% |
% w/ College Degree | 67.6% | 1.3% |
As of the latest ACS Survey released in 2023, Clarksburg, MD is a predominantly asian area, with 38.2% of the population identifying as asian. The asian population has grown by 24.4% in the last 5 years. The second most common race or ethnicity in Clarksburg, MD is white, making up 28.9% of the population. Foreign-born residents account for 37.2% of the population in Clarksburg, MD, and this percentage has increased by 26.1% 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 | 28.9% | -16.2% |
% Black | 15.0% | -23.1% |
% Hispanic | 12.5% | 15.7% |
% Asian | 38.2% | 24.4% |
% Foreign Born | 37.2% | 26.1% |
Mortgage and Risk — Clarksburg, MD
According to HUD data as of 2023, there were 524 mortgage originations in Clarksburg, MD, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Clarksburg, MD. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 524 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Clarksburg, MD
As of 2024, the percent of homes in Clarksburg, MD under the Section 8 program is 28.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Clarksburg, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 333 |
Total Units Section 8 | 332 |
% Rentals under Section 8 | 28.5% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $950 | $1,500 | $2,450 |
| 2 Bedroom | $360 | $2,400 | $2,760 |
| 3 Bedroom | $300 | $3,150 | $3,450 |
| 4 Bedroom | $670 | $3,400 | $4,070 |
Affordability — Clarksburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $633,000 |
| Median Household Income | $177,000 |