Michaelsville, MD21005

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
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Median Household Income
$123,000
66.3% 5-Year Growth
Days on Market
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Home Price Forecast
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Median Rent
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1-Bed Rent
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2-Bed Rent
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3-Bed Rent
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Property Listings — Michaelsville, MD

Michaelsville, MD lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
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Listings as % of HomesN/AN/A
Days on Market
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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.

MetricLatest CensusYoY % 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%
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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

MetricLatest Census5-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%
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Mortgage and Risk — Michaelsville, MD

Michaelsville, MD lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
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% Conventional Loans
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% Government Loans
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% Investor Loans
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% Second Loans
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% Cash Out Refinance
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Loan Activity

No data available

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Rentals and Section 8 — Michaelsville, MD

Michaelsville, MD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
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Total Units Section 8
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% Rentals under Section 8
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% Occupied Section 8
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Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$2,030
2 BedroomN/AN/A$2,490
3 BedroomN/AN/A$3,200
4 BedroomN/AN/A$3,580

Affordability — Michaelsville, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$123,000

Michaelsville, MD — ZIP Code Boundary Map

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Frequently Asked Questions