Westminster, MD—21158
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Westminster, MD
Home Price Trends — Westminster, MD
As of Oct '25, the median home price in Westminster, MD is $467,000, with a year-over-year change of 2.7%. This indicates that home prices in Westminster, MD are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $467,000 | 2.7% |
| Single Family | $468,000 | 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 | $331,000 | 1.2% |
3 Bed | $385,000 | 2.1% |
4 Bed | $559,000 | 1.5% |
| 5 Bed | $655,000 | 1.1% |
% of Housing Stock
Rental Trends — Westminster, MD
As of July '25, Rentcast reports the average rent in Westminster, MD is $2,060, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in Westminster, MD is 1-bedrooms: $1,610, 2-bedrooms: $1,980, 3-bedrooms: $2,290, 4-bedrooms: $2,420. The most common rental property sizes in Westminster, MD are 2-bedroom and 3-bedroom, accounting for 58.8% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,610 |
| 2 Bed Rent | $1,950 | $1,980 |
| 3 Bed Rent | $2,300 | $2,290 |
| 4 Bed Rent | $2,500 | $2,420 |
% of Rental Stock
Property Listings — Westminster, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Westminster, MD is 37. This is a decrease of -20.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $560,000 | 0.0% |
Listing Count | 57 | 7.0% |
| Listings as % of Homes | 0.5% | 7.0% |
Days on Market | 37 | -20.0% |
Demographics — Westminster, MD
As of the latest ACS Survey released in 2023, Westminster, MD has a population of 22,400, which has increased by 7.0% over the past 5 years. Westminster, MD is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 7.0% |
% Under 18 | 21.1% | -10.2% |
% Seniors | 18.7% | 2.2% |
% WFH | 14.6% | 175.5% |
% w/ College Degree | 36.3% | 9.0% |
As of the latest ACS Survey released in 2023, Westminster, MD is a predominantly white area, with 85.4% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Westminster, MD is black, making up 5.0% of the population. Foreign-born residents account for 4.5% of the population in Westminster, MD, and this percentage has decreased by 25.0% 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 | 85.4% | 1.3% |
% Black | 5.0% | -20.6% |
% Hispanic | 3.6% | 9.1% |
% Asian | 2.5% | -7.4% |
% Foreign Born | 4.5% | -25.0% |
Mortgage and Risk — Westminster, MD
According to HUD data as of 2023, there were 383 mortgage originations in Westminster, MD, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Westminster, MD. Investor activity is low, as 1.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 383 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Westminster, MD
As of 2024, the percent of homes in Westminster, MD under the Section 8 program is 2.7%. 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 Westminster, 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 | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,700 | $1,720 |
| 2 Bedroom | $160 | $1,950 | $2,110 |
| 3 Bedroom | $420 | $2,300 | $2,720 |
| 4 Bedroom | $530 | $2,500 | $3,030 |
Affordability — Westminster, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $467,000 |
| Median Household Income | $109,000 |