Crofton, MD—21114
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crofton, MD
As of Oct '25, the median home price in Crofton, MD is $491,000, with a year-over-year change of 2.1%. This indicates that home prices in Crofton, 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 | $491,000 | 2.2% |
| Single Family | $516,000 | 2.0% |
| Condos | $350,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $332,000 | 1.5% |
3 Bed | $422,000 | 1.0% |
4 Bed | $660,000 | 1.5% |
| 5 Bed | $767,000 | 1.2% |
% of Housing Stock
Rental Trends — Crofton, MD
As of July '25, Rentcast reports the average rent in Crofton, MD is $2,820, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Crofton, MD is 1-bedrooms: $1,560, 2-bedrooms: $2,300, 3-bedrooms: $2,830, 4-bedrooms: $3,480. The most common rental property sizes in Crofton, MD are 2-bedroom and 3-bedroom, accounting for 44.0% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,780 | $1,560 |
| 2 Bed Rent | $2,350 | $2,300 |
| 3 Bed Rent | $2,800 | $2,830 |
| 4 Bed Rent | $3,200 | $3,480 |
% of Rental Stock
Property Listings — Crofton, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Crofton, MD is 17. This is a increase of 2.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $407,000 | -3.0% |
Listing Count | 66 | 9.0% |
| Listings as % of Homes | 0.3% | 9.0% |
Days on Market | 17 | 2.0% |
Demographics — Crofton, MD
As of the latest ACS Survey released in 2023, Crofton, MD has a population of 25,700, which has decreased by -3.9% over the past 5 years. Crofton, MD is a popular place for families, as children make up 28.9% of the population. The area has a highly educated workforce, with 59.8% 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 | 25,700 | -3.9% |
% Under 18 | 28.9% | 8.6% |
% Seniors | 11.8% | 8.3% |
% WFH | 18.6% | 342.9% |
% w/ College Degree | 59.8% | 0.8% |
As of the latest ACS Survey released in 2023, Crofton, MD is a predominantly white area, with 61.1% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Crofton, MD is black, making up 17.0% of the population. Foreign-born residents account for 11.9% of the population in Crofton, MD, and this percentage has increased by 20.2% 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 | 61.1% | -12.6% |
% Black | 17.0% | 18.1% |
% Hispanic | 9.4% | 70.9% |
% Asian | 6.9% | 35.3% |
% Foreign Born | 11.9% | 20.2% |
Mortgage and Risk — Crofton, MD
According to HUD data as of 2023, there were 535 mortgage originations in Crofton, MD, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Crofton, MD. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 535 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Crofton, MD
As of 2024, the percent of homes in Crofton, MD under the Section 8 program is 2.3%. 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 Crofton, 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 | 46 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,780 | $2,140 |
| 2 Bedroom | $270 | $2,350 | $2,620 |
| 3 Bedroom | $570 | $2,800 | $3,370 |
| 4 Bedroom | $570 | $3,200 | $3,770 |
Affordability — Crofton, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $491,000 |
| Median Household Income | $136,000 |