Odenton, MD—21113
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Odenton, MD
As of Oct '25, the median home price in Odenton, MD is $463,000, with a year-over-year change of 1.4%. This indicates that home prices in Odenton, MD are increasing. 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 | $463,000 | 1.4% |
| Single Family | $495,000 | 1.0% |
| Condos | $354,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $352,000 | 0.9% |
3 Bed | $448,000 | 1.1% |
4 Bed | $566,000 | 0.9% |
| 5 Bed | $814,000 | 1.0% |
% of Housing Stock
Rental Trends — Odenton, MD
As of July '25, Rentcast reports the average rent in Odenton, MD is $2,730, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Odenton, MD is studios: $1,880, 1-bedrooms: $1,770, 2-bedrooms: $2,190, 3-bedrooms: $2,880, 4-bedrooms: $3,100. The most common rental property sizes in Odenton, MD are 2-bedroom and 1-bedroom, accounting for 37.3% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,760 | $2,730 |
| Studio Rent | $1,880 | $1,880 |
| 1 Bed Rent | $1,880 | $1,770 |
| 2 Bed Rent | $2,200 | $2,190 |
| 3 Bed Rent | $2,850 | $2,880 |
| 4 Bed Rent | $3,100 | $3,100 |
% of Rental Stock
Property Listings — Odenton, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Odenton, MD is 27. This is a increase of 26.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $467,000 | -6.0% |
Listing Count | 123 | 32.0% |
| Listings as % of Homes | 0.3% | 32.0% |
Days on Market | 27 | 26.0% |
Demographics — Odenton, MD
As of the latest ACS Survey released in 2023, Odenton, MD has a population of 38,100, which has increased by 12.8% over the past 5 years. Odenton, MD is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 51.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,100 | 12.8% |
% Under 18 | 23.5% | -4.1% |
% Seniors | 13.3% | 31.7% |
% WFH | 17.7% | 436.4% |
% w/ College Degree | 51.4% | 5.8% |
As of the latest ACS Survey released in 2023, Odenton, MD is a predominantly white area, with 46.5% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Odenton, MD is black, making up 30.4% of the population. Foreign-born residents account for 11.0% of the population in Odenton, MD, and this percentage has increased by 1.9% 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 | 46.5% | -12.4% |
% Black | 30.4% | 17.4% |
% Hispanic | 10.9% | 1.9% |
% Asian | 5.2% | -3.7% |
% Foreign Born | 11.0% | 1.9% |
Mortgage and Risk — Odenton, MD
According to HUD data as of 2023, there were 879 mortgage originations in Odenton, MD, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Odenton, MD. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 879 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Odenton, MD
As of 2024, the percent of homes in Odenton, MD under the Section 8 program is 3.5%. 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. In Odenton, 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 | 428 |
Total Units Section 8 | 278 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,880 | $2,230 |
| 2 Bedroom | $530 | $2,200 | $2,730 |
| 3 Bedroom | $660 | $2,850 | $3,510 |
| 4 Bedroom | $830 | $3,100 | $3,930 |
Affordability — Odenton, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $463,000 |
| Median Household Income | $125,000 |