Michaelsville, MD—21005
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Michaelsville, MD
Michaelsville, 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 — Michaelsville, MD
Michaelsville, 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 — Michaelsville, MD
Michaelsville, 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 — Michaelsville, MD
As of the latest ACS Survey released in 2023, Michaelsville, MD has a population of 2,350, which has decreased by -13.6% over the past 5 years. Michaelsville, MD is a popular place for families, as children make up 28.1% of the population. The area has a highly educated workforce, with 52.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,350 | -13.6% |
% Under 18 | 28.1% | -10.8% |
% Seniors | 5.1% | 410.0% |
% WFH | 15.7% | 265.1% |
% w/ College Degree | 52.2% | 20.6% |
As of the latest ACS Survey released in 2023, Michaelsville, MD is a predominantly white area, with 50.3% of the population identifying as white. The white population has grown by 4.6% in the last 5 years. The second most common race or ethnicity in Michaelsville, MD is black, making up 38.1% of the population. Foreign-born residents account for 2.3% of the population in Michaelsville, MD, and this percentage has decreased by 81.5% 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 | 50.3% | 4.6% |
% Black | 38.1% | 17.2% |
% Hispanic | 7.8% | -43.1% |
% Asian | 1.9% | -47.2% |
% Foreign Born | 2.3% | -81.5% |
Mortgage and Risk — Michaelsville, MD
Michaelsville, 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 — Michaelsville, MD
Michaelsville, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $2,030 |
| 2 Bedroom | N/A | N/A | $2,490 |
| 3 Bedroom | N/A | N/A | $3,200 |
| 4 Bedroom | N/A | N/A | $3,580 |
Affordability — Michaelsville, 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 | $123,000 |