Parkton, MD 21120 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Parkton, MD—21120

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$631,000

2.6% YoY Growth

Household Income

$157,000

50.2% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$3,200

5.6% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Parkton, MD

As of Dec '25, the median home price in Parkton, MD is $631,000, with a year-over-year change of 2.6%. This indicates that home prices in Parkton, MD are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$631,000	2.6%
Single Family	$632,000	2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Parkton, MD

As of July '25, Rentcast reports the average rent in Parkton, MD is $3,200, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Parkton, MD is 4-bedrooms: $3,200. The most common rental property sizes in Parkton, MD are 3-bedroom and 2-bedroom, accounting for 64.1% and 30.5% 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	N/A	N/A
4 Bed Rent	$3,200	$3,200

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% of Rental Stock

2 Bedrooms

30.5%

3 Bedrooms

64.1%

5+ Bedrooms

5.3%

Property Listings — Parkton, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in Parkton, MD is 43. This is a decrease of -42.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$761,000	21.0%
Listing Count	15	12.0%
Listings as % of Homes	0.2%	12.0%
Days on Market	58	-22.0%

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Demographics — Parkton, MD

As of the latest ACS Survey released in 2023, Parkton, MD has a population of 7,290, which has remained stable by 1.0% over the past 5 years. Parkton, MD is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 62.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,290	1.0%
% Under 18	27.0%	18.9%
% Seniors	17.2%	-1.7%
% WFH	22.9%	146.2%
% w/ College Degree	62.0%	42.2%

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As of the latest ACS Survey released in 2023, Parkton, MD is a predominantly white area, with 86.8% 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 Parkton, MD is hispanic, making up 4.6% of the population. Foreign-born residents account for 3.1% of the population in Parkton, MD, and this percentage has decreased by 50.0% 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	86.8%	-3.3%
% Black	1.6%	-38.5%
% Hispanic	4.6%	170.6%
% Asian	3.0%	-21.1%
% Foreign Born	3.1%	-50.0%

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Mortgage and Risk — Parkton, MD

According to HUD data as of 2023, there were 155 mortgage originations in Parkton, MD, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Parkton, MD. Investor activity is low, as 1.0% 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	155
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Parkton, MD

Parkton, MD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	11
% Rentals under Section 8	7.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,960
2 Bedroom	N/A	N/A	$2,400
3 Bedroom	N/A	N/A	$3,090
4 Bedroom	$250	$3,200	$3,450

Parkton, MD—21120

Key Metrics at a Glance

Home Price Trends — Parkton, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Parkton, MD

% of Rental Stock

Property Listings — Parkton, MD

Demographics — Parkton, MD

Race and Ethnicity

Mortgage and Risk — Parkton, MD

Mortgages

Rentals and Section 8 — Parkton, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Parkton, MD

Home Price to Income Ratio

Parkton, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Freeland, MD

Sparks Glencoe, MD

New Freedom, PA

Whitehall, MD

Railroad

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$631,000
Median Household Income	$157,000

Parkton, MD—21120

Key Metrics at a Glance

Home Price Trends — Parkton, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Parkton, MD

% of Rental Stock

Property Listings — Parkton, MD

Demographics — Parkton, MD

Race and Ethnicity

Mortgage and Risk — Parkton, MD

Mortgages

Rentals and Section 8 — Parkton, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Parkton, MD

Home Price to Income Ratio

Parkton, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Freeland, MD

Sparks Glencoe, MD

New Freedom, PA

Whitehall, MD

Railroad

Frequently Asked Questions

What is the average home price in Parkton, MD 21120?

How have home prices in Parkton, MD 21120 changed over the past year?

What is the home price projection for Parkton, MD 21120?

What are the demographics of Parkton, MD 21120?

How long does it take homes to sell in Parkton, MD 21120?

What is the average rent price in Parkton, MD 21120?