Clarksville, MD—21029
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clarksville, MD
As of Oct '25, the median home price in Clarksville, MD is $1,024,000, with a year-over-year change of 1.4%. This indicates that home prices in Clarksville, 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 | $1,024,000 | 1.4% |
| Single Family | $1,047,000 | 1.3% |
| Condos | $484,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $451,000 | 3.7% |
3 Bed | $656,000 | 1.7% |
4 Bed | $1,000,000 | 0.5% |
| 5 Bed | $1,222,000 | 0.4% |
% of Housing Stock
Rental Trends — Clarksville, MD
As of July '25, Rentcast reports the average rent in Clarksville, MD is $3,470, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in Clarksville, MD is 2-bedrooms: $2,840, 3-bedrooms: $3,580, 4-bedrooms: $3,980. The most common rental property sizes in Clarksville, MD are 5+ bedroom and 4-bedroom, accounting for 38.0% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,950 | $2,840 |
| 3 Bed Rent | $3,500 | $3,580 |
| 4 Bed Rent | $3,800 | $3,980 |
% of Rental Stock
Property Listings — Clarksville, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Clarksville, MD is 34. This is a decrease of -6.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $992,000 | -7.0% |
Listing Count | 29 | 52.0% |
| Listings as % of Homes | 0.2% | 52.0% |
Days on Market | 34 | -6.0% |
Demographics — Clarksville, MD
As of the latest ACS Survey released in 2023, Clarksville, MD has a population of 13,800, which has increased by 30.1% over the past 5 years. Clarksville, MD is a popular place for families, as children make up 27.9% of the population. The area has a highly educated workforce, with 81.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,800 | 30.1% |
% Under 18 | 27.9% | 16.7% |
% Seniors | 12.2% | -9.6% |
% WFH | 21.5% | 207.1% |
% w/ College Degree | 81.8% | 9.5% |
As of the latest ACS Survey released in 2023, Clarksville, MD is a predominantly white area, with 41.6% of the population identifying as white. The white population has shrunk by 27.0% in the last 5 years. The second most common race or ethnicity in Clarksville, MD is asian, making up 40.9% of the population. Foreign-born residents account for 29.2% of the population in Clarksville, MD, and this percentage has increased by 7.7% 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 | 41.6% | -27.0% |
% Black | 8.0% | 21.2% |
% Hispanic | 4.9% | 69.0% |
% Asian | 40.9% | 32.8% |
% Foreign Born | 29.2% | 7.7% |
Mortgage and Risk — Clarksville, MD
According to HUD data as of 2023, there were 326 mortgage originations in Clarksville, MD, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Clarksville, MD. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 326 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Clarksville, MD
Clarksville, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,410 |
| 2 Bedroom | $0 | $2,950 | $2,950 |
| 3 Bedroom | $300 | $3,500 | $3,800 |
| 4 Bedroom | $440 | $3,800 | $4,240 |
Affordability — Clarksville, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $1,024,000 |
| Median Household Income | $250,000 |