Glen Burnie, MD—21061
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 $371,000, with a year-over-year change of 1.8%. 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 | $371,000 | 1.8% |
| Single Family | $376,000 | 1.6% |
| Condos | $246,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $282,000 | 1.4% |
3 Bed | $374,000 | 1.6% |
4 Bed | $426,000 | 1.2% |
| 5 Bed | $454,000 | 1.1% |
% of Housing Stock
Rental Trends — Glen Burnie, MD
As of July '25, Rentcast reports the average rent in Glen Burnie, MD is $2,090, with a year-over-year rent change of 15.5%. Per bedroom, the median rent as of July '25 in Glen Burnie, MD is studios: $1,240, 1-bedrooms: $1,470, 2-bedrooms: $1,830, 3-bedrooms: $2,490, 4-bedrooms: $2,780. The most common rental property sizes in Glen Burnie, MD are 2-bedroom and 1-bedroom, accounting for 44.9% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,090 |
| Studio Rent | $1,120 | $1,240 |
| 1 Bed Rent | $1,440 | $1,470 |
| 2 Bed Rent | $1,680 | $1,830 |
| 3 Bed Rent | $2,500 | $2,490 |
| 4 Bed Rent | $2,700 | $2,780 |
% 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 28. This is a increase of 20.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $406,000 | 3.0% |
Listing Count | 118 | 33.0% |
| Listings as % of Homes | 0.3% | 33.0% |
Days on Market | 28 | 20.0% |
Demographics — Glen Burnie, MD
As of the latest ACS Survey released in 2023, Glen Burnie, MD has a population of 56,500, which has increased by 4.4% over the past 5 years. Glen Burnie, MD is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,500 | 4.4% |
% Under 18 | 24.3% | 12.5% |
% Seniors | 13.1% | 4.0% |
% WFH | 9.6% | 433.3% |
% w/ College Degree | 26.4% | 21.1% |
As of the latest ACS Survey released in 2023, Glen Burnie, MD is a predominantly white area, with 50.0% of the population identifying as white. The white population has shrunk by 11.7% in the last 5 years. The second most common race or ethnicity in Glen Burnie, MD is black, making up 26.7% of the population. Foreign-born residents account for 11.9% of the population in Glen Burnie, MD, and this percentage has increased by 12.3% 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 | 50.0% | -11.7% |
% Black | 26.7% | 5.1% |
% Hispanic | 11.3% | 15.3% |
% Asian | 4.3% | -15.7% |
% Foreign Born | 11.9% | 12.3% |
Mortgage and Risk — Glen Burnie, MD
According to HUD data as of 2023, there were 754 mortgage originations in Glen Burnie, MD, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Glen Burnie, MD. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 754 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
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 10.8%. 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. In Glen Burnie, 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 | 1,217 |
Total Units Section 8 | 1,145 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 77.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,440 | $1,750 |
| 2 Bedroom | $460 | $1,680 | $2,140 |
| 3 Bedroom | $250 | $2,500 | $2,750 |
| 4 Bedroom | $380 | $2,700 | $3,080 |
Affordability — Glen Burnie, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $371,000 |
| Median Household Income | $86,100 |