Benfield, MD 21108 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Benfield, MD—21108

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$621,000

0.7% YoY Growth

Household Income

$147,000

16.9% YoY Growth

Days on Market

8.0% Longer YoY

Home Price Forecast

-0.9%

Median Rent

$2,260

24.8% YoY Growth

1-Bed Rent

$1,660

2.9% YoY Growth

2-Bed Rent

$1,990

9.8% YoY Growth

3-Bed Rent

$3,000

13.0% YoY Growth

Home Price Trends — Benfield, MD

As of May '26, the median home price in Benfield, MD is $621,000, with a year-over-year change of 0.7%. This indicates that home prices in Benfield, MD are flat. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$621,000	0.7%
Single Family	$629,000	1.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Benfield, MD

As of July '25, Rentcast reports the average rent in Benfield, MD is $2,670, with a year-over-year rent change of 24.8%. Per bedroom, the median rent as of July '25 in Benfield, MD is 1-bedrooms: $1,670, 2-bedrooms: $2,010, 3-bedrooms: $2,960, 4-bedrooms: $3,900. The most common rental property sizes in Benfield, MD are 3-bedroom and 2-bedroom, accounting for 48.1% and 28.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,260	$2,670
Studio Rent	N/A	N/A
1 Bed Rent	$1,660	$1,670
2 Bed Rent	$1,990	$2,010
3 Bed Rent	$3,000	$2,960
4 Bed Rent	$4,000	$3,900

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% of Rental Stock

1 Bedroom

4.9%

2 Bedrooms

28.1%

3 Bedrooms

48.1%

4 Bedrooms

18.0%

5+ Bedrooms

0.9%

Property Listings — Benfield, MD

As of May '26, Realtor.com reports that the median days on market for a home in Benfield, MD is 16. This is a increase of 8.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$632,000	12.0%
Listing Count	62	13.0%
Listings as % of Homes	0.4%	13.0%
Days on Market	16	8.0%

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Demographics — Benfield, MD

As of the latest ACS Survey released in 2023, Benfield, MD has a population of 17,900, which has decreased by -5.5% over the past 5 years. Benfield, MD is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 53.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,900	-5.5%
% Under 18	23.1%	-9.1%
% Seniors	16.8%	20.0%
% WFH	18.6%	332.6%
% w/ College Degree	53.6%	8.5%

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As of the latest ACS Survey released in 2023, Benfield, MD is a predominantly white area, with 72.5% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Benfield, MD is black, making up 9.7% of the population. Foreign-born residents account for 8.2% of the population in Benfield, MD, and this percentage has increased by 57.7% 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	72.5%	-3.3%
% Black	9.7%	-19.8%
% Hispanic	7.5%	56.2%
% Asian	5.4%	22.7%
% Foreign Born	8.2%	57.7%

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Mortgage and Risk — Benfield, MD

According to HUD data as of 2023, there were 246 mortgage originations in Benfield, MD, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Benfield, MD. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	246
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Benfield, MD

As of 2024, the percent of homes in Benfield, MD under the Section 8 program is 4.4%. 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 Benfield, MD, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	52
Total Units Section 8	52
% Rentals under Section 8	4.4%
% Occupied Section 8	79.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$320	$1,660	$1,980
2 Bedroom	$440	$1,990	$2,430
3 Bedroom	$130	$3,000	$3,130
4 Bedroom	-$510	$4,000	$3,490

Benfield, MD—21108

Key Metrics at a Glance

Home Price Trends — Benfield, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Benfield, MD

% of Rental Stock

Property Listings — Benfield, MD

Demographics — Benfield, MD

Race and Ethnicity

Mortgage and Risk — Benfield, MD

Mortgages

Rentals and Section 8 — Benfield, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Benfield, MD

Home Price to Income Ratio

Benfield, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Crownsville, MD

Severn, MD

Severna Park, MD

Glen Burnie, MD

Gambrills, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$621,000
Median Household Income	$147,000

Benfield, MD—21108

Key Metrics at a Glance

Home Price Trends — Benfield, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Benfield, MD

% of Rental Stock

Property Listings — Benfield, MD

Demographics — Benfield, MD

Race and Ethnicity

Mortgage and Risk — Benfield, MD

Mortgages

Rentals and Section 8 — Benfield, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Benfield, MD

Home Price to Income Ratio

Benfield, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Crownsville, MD

Severn, MD

Severna Park, MD

Glen Burnie, MD

Gambrills, MD

Frequently Asked Questions

What is the average home price in Benfield, MD 21108?

How have home prices in Benfield, MD 21108 changed over the past year?

What is the home price projection for Benfield, MD 21108?

What are the demographics of Benfield, MD 21108?

How long does it take homes to sell in Benfield, MD 21108?

What is the average rent price in Benfield, MD 21108?