Windsor Mill, MD—21244
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Windsor Mill, MD
As of Oct '25, the median home price in Windsor Mill, MD is $316,000, with a year-over-year change of 1.6%. This indicates that home prices in Windsor Mill, 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 | $316,000 | 1.6% |
| Single Family | $325,000 | 1.6% |
| Condos | $226,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $236,000 | -0.4% |
3 Bed | $323,000 | 1.6% |
4 Bed | $390,000 | 1.8% |
| 5 Bed | $447,000 | 1.4% |
% of Housing Stock
Rental Trends — Windsor Mill, MD
As of July '25, Rentcast reports the average rent in Windsor Mill, MD is $1,940, with a year-over-year rent change of 18.3%. Per bedroom, the median rent as of July '25 in Windsor Mill, MD is studios: $1,220, 1-bedrooms: $1,370, 2-bedrooms: $1,750, 3-bedrooms: $2,600, 4-bedrooms: $3,090. The most common rental property sizes in Windsor Mill, MD are 2-bedroom and 1-bedroom, accounting for 53.9% and 20.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,760 | $1,940 |
| Studio Rent | $930 | $1,220 |
| 1 Bed Rent | $1,370 | $1,370 |
| 2 Bed Rent | $1,760 | $1,750 |
| 3 Bed Rent | $2,580 | $2,600 |
| 4 Bed Rent | $3,100 | $3,090 |
% of Rental Stock
Property Listings — Windsor Mill, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Windsor Mill, MD is 38. This is a increase of 3.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 2.0% |
Listing Count | 74 | -8.0% |
| Listings as % of Homes | 0.4% | -8.0% |
Days on Market | 38 | 3.0% |
Demographics — Windsor Mill, MD
As of the latest ACS Survey released in 2023, Windsor Mill, MD has a population of 39,500, which has increased by 10.7% over the past 5 years. Windsor Mill, MD is a popular place for families, as children make up 27.2% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,500 | 10.7% |
% Under 18 | 27.2% | 16.2% |
% Seniors | 10.6% | -3.6% |
% WFH | 12.6% | 193.0% |
% w/ College Degree | 35.5% | 5.3% |
As of the latest ACS Survey released in 2023, Windsor Mill, MD is a predominantly black area, with 70.4% of the population identifying as black. The black population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Windsor Mill, MD is hispanic, making up 11.5% of the population. Foreign-born residents account for 17.1% of the population in Windsor Mill, MD, and this percentage has decreased by 10.0% 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 | 9.1% | -21.6% |
% Black | 70.4% | -4.9% |
% Hispanic | 11.5% | 180.5% |
% Asian | 7.1% | -25.3% |
% Foreign Born | 17.1% | -10.0% |
Mortgage and Risk — Windsor Mill, MD
According to HUD data as of 2023, there were 509 mortgage originations in Windsor Mill, MD, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Windsor Mill, MD. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 509 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Windsor Mill, MD
As of 2024, the percent of homes in Windsor Mill, MD under the Section 8 program is 7.7%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Windsor Mill, MD, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 571 |
Total Units Section 8 | 571 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,370 | $1,590 |
| 2 Bedroom | $190 | $1,760 | $1,950 |
| 3 Bedroom | -$70 | $2,580 | $2,510 |
| 4 Bedroom | -$300 | $3,100 | $2,800 |
Affordability — Windsor Mill, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $316,000 |
| Median Household Income | $84,800 |