Monkton, MD—21111
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monkton, MD
As of Oct '25, the median home price in Monkton, MD is $708,000, with a year-over-year change of 2.1%. This indicates that home prices in Monkton, 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 | $708,000 | 2.1% |
| Single Family | $709,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $584,000 | 1.9% |
4 Bed | $761,000 | 1.3% |
| 5 Bed | $968,000 | 1.0% |
% of Housing Stock
Rental Trends — Monkton, MD
As of July '25, Rentcast reports the average rent in Monkton, MD is $3,200, with a year-over-year rent change of -25.2%. Per bedroom, the median rent as of July '25 in Monkton, MD is 3-bedrooms: $3,200. The most common rental property sizes in Monkton, MD are 3-bedroom and 5+ bedroom, accounting for 39.2% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Monkton, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Monkton, MD is 34. 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $849,000 | 3.0% |
Listing Count | 21 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 34 | 20.0% |
Demographics — Monkton, MD
As of the latest ACS Survey released in 2023, Monkton, MD has a population of 4,690, which has decreased by -6.1% over the past 5 years. Monkton, MD is a moderately popular place for families, as children make up 23.4% of the population. The area has a highly educated workforce, with 64.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,690 | -6.1% |
% Under 18 | 23.4% | -6.8% |
% Seniors | 23.3% | 32.4% |
% WFH | 21.6% | 100.0% |
% w/ College Degree | 64.0% | 10.2% |
As of the latest ACS Survey released in 2023, Monkton, MD is a predominantly white area, with 95.0% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Monkton, MD is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.9% of the population in Monkton, MD, and this percentage has decreased by 51.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.0% | -0.7% |
% Black | 0.9% | 125.0% |
% Hispanic | 1.2% | -52.0% |
% Asian | 0.5% | -58.3% |
% Foreign Born | 1.9% | -51.3% |
Mortgage and Risk — Monkton, MD
Monkton, MD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Monkton, MD
Monkton, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,690 |
| 2 Bedroom | N/A | N/A | $2,070 |
| 3 Bedroom | -$510 | $3,200 | $2,690 |
| 4 Bedroom | N/A | N/A | $3,040 |
Affordability — Monkton, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $708,000 |
| Median Household Income | $136,000 |