Havre de Grace, MD—21078
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Havre de Grace, MD
As of Oct '25, the median home price in Havre de Grace, MD is $397,000, with a year-over-year change of 0.8%. This indicates that home prices in Havre de Grace, MD are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | 0.8% |
| Single Family | $405,000 | 0.5% |
| Condos | $341,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $294,000 | 0.0% |
3 Bed | $379,000 | 0.5% |
4 Bed | $477,000 | 0.0% |
| 5 Bed | $595,000 | 0.7% |
% of Housing Stock
Rental Trends — Havre de Grace, MD
As of July '25, Rentcast reports the average rent in Havre de Grace, MD is $1,840, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Havre de Grace, MD is studios: $762, 1-bedrooms: $1,200, 2-bedrooms: $1,710, 3-bedrooms: $2,300, 4-bedrooms: $3,300. The most common rental property sizes in Havre de Grace, MD are 2-bedroom and 3-bedroom, accounting for 43.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,790 | $1,840 |
| Studio Rent | $725 | $762 |
| 1 Bed Rent | $1,080 | $1,200 |
| 2 Bed Rent | $1,700 | $1,710 |
| 3 Bed Rent | $2,200 | $2,300 |
| 4 Bed Rent | $2,800 | $3,300 |
% of Rental Stock
Property Listings — Havre de Grace, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Havre de Grace, MD is 45. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $467,000 | 1.0% |
Listing Count | 122 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 45 | 1.0% |
Demographics — Havre de Grace, MD
As of the latest ACS Survey released in 2023, Havre de Grace, MD has a population of 20,000, which has increased by 10.5% over the past 5 years. Havre de Grace, MD is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | 10.5% |
% Under 18 | 18.9% | 2.7% |
% Seniors | 21.5% | 13.8% |
% WFH | 16.3% | 226.0% |
% w/ College Degree | 40.9% | 6.2% |
As of the latest ACS Survey released in 2023, Havre de Grace, MD is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Havre de Grace, MD is black, making up 12.3% of the population. Foreign-born residents account for 6.3% of the population in Havre de Grace, MD, and this percentage has increased by 16.7% 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 | 74.8% | -1.7% |
% Black | 12.3% | -8.9% |
% Hispanic | 5.4% | 42.1% |
% Asian | 2.7% | -22.9% |
% Foreign Born | 6.3% | 16.7% |
Mortgage and Risk — Havre de Grace, MD
According to HUD data as of 2023, there were 404 mortgage originations in Havre de Grace, MD, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Havre de Grace, MD. Investor activity is low, as 2.0% 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 | 404 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Havre de Grace, MD
As of 2024, the percent of homes in Havre de Grace, MD under the Section 8 program is 13.8%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Havre de Grace, MD, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 346 |
Total Units Section 8 | 246 |
% Rentals under Section 8 | 13.8% |
% Occupied Section 8 | 84.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,080 | $1,430 |
| 2 Bedroom | $50 | $1,700 | $1,750 |
| 3 Bedroom | $70 | $2,200 | $2,270 |
| 4 Bedroom | -$230 | $2,800 | $2,570 |
Affordability — Havre de Grace, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $397,000 |
| Median Household Income | $109,000 |