Glen Burnie, MD—21060
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Glen Burnie, MD
Home Price Trends — Glen Burnie, MD
As of Oct '25, the median home price in Glen Burnie, MD is $408,000, with a year-over-year change of 2.1%. This indicates that home prices in Glen Burnie, 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 | $408,000 | 2.1% |
| Single Family | $420,000 | 1.9% |
| Condos | $234,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 0.0% |
3 Bed | $441,000 | 2.1% |
4 Bed | $469,000 | 1.3% |
| 5 Bed | $543,000 | 1.3% |
% of Housing Stock
Rental Trends — Glen Burnie, MD
As of July '25, Rentcast reports the average rent in Glen Burnie, MD is $2,510, with a year-over-year rent change of -2.0%. Per bedroom, the median rent as of July '25 in Glen Burnie, MD is studios: $1,510, 1-bedrooms: $1,500, 2-bedrooms: $2,030, 3-bedrooms: $2,960, 4-bedrooms: $3,310. The most common rental property sizes in Glen Burnie, MD are 2-bedroom and 1-bedroom, accounting for 41.8% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,510 |
| Studio Rent | $1,190 | $1,510 |
| 1 Bed Rent | $1,550 | $1,500 |
| 2 Bed Rent | $1,850 | $2,030 |
| 3 Bed Rent | $2,950 | $2,960 |
| 4 Bed Rent | $3,400 | $3,310 |
% of Rental Stock
Property Listings — Glen Burnie, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Glen Burnie, MD is 37. This is a increase of 10.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | 1.0% |
Listing Count | 145 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 37 | 10.0% |
Demographics — Glen Burnie, MD
As of the latest ACS Survey released in 2023, Glen Burnie, MD has a population of 39,200, which has increased by 14.2% over the past 5 years. Glen Burnie, MD is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,200 | 14.2% |
% Under 18 | 19.2% | -6.8% |
% Seniors | 14.0% | -7.9% |
% WFH | 12.8% | 966.7% |
% w/ College Degree | 31.9% | 41.8% |
As of the latest ACS Survey released in 2023, Glen Burnie, MD is a predominantly white area, with 54.8% of the population identifying as white. The white population has shrunk by 17.5% in the last 5 years. The second most common race or ethnicity in Glen Burnie, MD is black, making up 24.4% of the population. Foreign-born residents account for 12.1% of the population in Glen Burnie, MD, and this percentage has increased by 33.0% 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 | 54.8% | -17.5% |
% Black | 24.4% | 40.2% |
% Hispanic | 12.5% | 60.3% |
% Asian | 3.8% | -15.6% |
% Foreign Born | 12.1% | 33.0% |
Mortgage and Risk — Glen Burnie, MD
According to HUD data as of 2023, there were 1001 mortgage originations in Glen Burnie, MD, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Glen Burnie, MD. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,001 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Glen Burnie, MD
As of 2024, the percent of homes in Glen Burnie, MD under the Section 8 program is 11.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Glen Burnie, MD, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 726 |
Total Units Section 8 | 436 |
% Rentals under Section 8 | 11.5% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,550 | $1,640 |
| 2 Bedroom | $160 | $1,850 | $2,010 |
| 3 Bedroom | -$360 | $2,950 | $2,590 |
| 4 Bedroom | -$510 | $3,400 | $2,890 |
Affordability — Glen Burnie, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $408,000 |
| Median Household Income | $99,700 |