Powhatan Hill, MD 21207 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Powhatan Hill, MD—21207

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$293,000

1.9% YoY Growth

Household Income

$64,300

13.3% YoY Growth

Days on Market

22.0% Longer YoY

Home Price Forecast

-1.1%

Median Rent

$1,450

2.6% YoY Growth

1-Bed Rent

$1,240

1.6% YoY Growth

2-Bed Rent

$1,450

3.4% YoY Growth

3-Bed Rent

$1,980

2.1% YoY Growth

Home Price Trends — Powhatan Hill, MD

As of May '26, the median home price in Powhatan Hill, MD is $293,000, with a year-over-year change of 1.9%. This indicates that home prices in Powhatan Hill, MD are increasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$293,000	1.9%
Single Family	$294,000	2.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Powhatan Hill, MD

As of July '25, Rentcast reports the average rent in Powhatan Hill, MD is $1,590, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Powhatan Hill, MD is studios: $1,170, 1-bedrooms: $1,220, 2-bedrooms: $1,430, 3-bedrooms: $1,980, 4-bedrooms: $2,360. The most common rental property sizes in Powhatan Hill, MD are 2-bedroom and 1-bedroom, accounting for 40.4% and 29.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,450	$1,590
Studio Rent	$1,030	$1,170
1 Bed Rent	$1,240	$1,220
2 Bed Rent	$1,450	$1,430
3 Bed Rent	$1,980	$1,980
4 Bed Rent	$2,650	$2,360

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% of Rental Stock

Studio

3.6%

1 Bedroom

29.1%

2 Bedrooms

40.4%

3 Bedrooms

21.5%

4 Bedrooms

3.7%

5+ Bedrooms

1.8%

Property Listings — Powhatan Hill, MD

As of May '26, Realtor.com reports that the median days on market for a home in Powhatan Hill, MD is 25. This is a increase of 22.0% 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	$344,000	-4.0%
Listing Count	103	-10.0%
Listings as % of Homes	0.5%	-10.0%
Days on Market	25	22.0%

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Demographics — Powhatan Hill, MD

As of the latest ACS Survey released in 2023, Powhatan Hill, MD has a population of 49,600, which has increased by 4.0% over the past 5 years. Powhatan Hill, MD is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	49,600	4.0%
% Under 18	22.3%	18.6%
% Seniors	17.4%	-9.4%
% WFH	10.9%	373.9%
% w/ College Degree	30.8%	17.6%

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As of the latest ACS Survey released in 2023, Powhatan Hill, MD is a predominantly black area, with 79.0% of the population identifying as black. The black population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Powhatan Hill, MD is white, making up 8.3% of the population. Foreign-born residents account for 13.1% of the population in Powhatan Hill, MD, and this percentage has increased by 14.9% 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	8.3%	-8.8%
% Black	79.0%	-5.4%
% Hispanic	7.3%	114.7%
% Asian	3.2%	113.3%
% Foreign Born	13.1%	14.9%

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Mortgage and Risk — Powhatan Hill, MD

According to HUD data as of 2023, there were 598 mortgage originations in Powhatan Hill, MD, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Powhatan Hill, MD. Investor activity is low, as 2.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	598
% Conventional Loans	58.0%
% Government Loans	42.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	23.0%

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Rentals and Section 8 — Powhatan Hill, MD

As of 2024, the percent of homes in Powhatan Hill, MD under the Section 8 program is 13.9%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Powhatan Hill, MD, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	1,107
Total Units Section 8	1,017
% Rentals under Section 8	13.9%
% Occupied Section 8	87.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$190	$1,240	$1,430
2 Bedroom	$300	$1,450	$1,750
3 Bedroom	$290	$1,980	$2,270
4 Bedroom	-$80	$2,650	$2,570

Powhatan Hill, MD—21207

Key Metrics at a Glance

Home Price Trends — Powhatan Hill, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Powhatan Hill, MD

% of Rental Stock

Property Listings — Powhatan Hill, MD

Demographics — Powhatan Hill, MD

Race and Ethnicity

Mortgage and Risk — Powhatan Hill, MD

Mortgages

Rentals and Section 8 — Powhatan Hill, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Powhatan Hill, MD

Home Price to Income Ratio

Powhatan Hill, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Park Heights, Baltimore, MD

Edmondson Village, Baltimore, MD

Walbrook, Baltimore, MD

Catonsville, MD

Pikesville, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$293,000
Median Household Income	$64,300

Powhatan Hill, MD—21207

Key Metrics at a Glance

Home Price Trends — Powhatan Hill, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Powhatan Hill, MD

% of Rental Stock

Property Listings — Powhatan Hill, MD

Demographics — Powhatan Hill, MD

Race and Ethnicity

Mortgage and Risk — Powhatan Hill, MD

Mortgages

Rentals and Section 8 — Powhatan Hill, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Powhatan Hill, MD

Home Price to Income Ratio

Powhatan Hill, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Park Heights, Baltimore, MD

Edmondson Village, Baltimore, MD

Walbrook, Baltimore, MD

Catonsville, MD

Pikesville, MD

Frequently Asked Questions

What is the average home price in Powhatan Hill, MD 21207?

How have home prices in Powhatan Hill, MD 21207 changed over the past year?

What is the home price projection for Powhatan Hill, MD 21207?

What are the demographics of Powhatan Hill, MD 21207?

How long does it take homes to sell in Powhatan Hill, MD 21207?

What is the average rent price in Powhatan Hill, MD 21207?