Lonaconing, MD 21539 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lonaconing, MD—21539

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$107,000

7.3% YoY Growth

Household Income

$51,700

7.8% YoY Growth

Days on Market

96.0% Longer YoY

Home Price Forecast

0.1%

Median Rent

$798

8.9% YoY Growth

1-Bed Rent

$798

8.9% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lonaconing, MD

As of Dec '25, the median home price in Lonaconing, MD is $107,000, with a year-over-year change of -7.3%. This indicates that home prices in Lonaconing, MD are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$107,000	-7.3%
Single Family	$107,000	-7.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lonaconing, MD

As of July '25, Rentcast reports the average rent in Lonaconing, MD is $798, with a year-over-year rent change of 8.9%. Per bedroom, the median rent as of July '25 in Lonaconing, MD is 1-bedrooms: $798. The most common rental property sizes in Lonaconing, MD are 3-bedroom and 1-bedroom, accounting for 36.1% and 34.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$798	$798
Studio Rent	N/A	N/A
1 Bed Rent	$798	$798
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

34.1%

2 Bedrooms

21.3%

3 Bedrooms

36.1%

4 Bedrooms

5.6%

5+ Bedrooms

2.8%

Property Listings — Lonaconing, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in Lonaconing, MD is 69. This is a increase of 107.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$170,000	34.0%
Listing Count	7	15.0%
Listings as % of Homes	0.6%	15.0%
Days on Market	90	96.0%

Loading chart...

Demographics — Lonaconing, MD

As of the latest ACS Survey released in 2023, Lonaconing, MD has a population of 1,850, which has decreased by -34.2% over the past 5 years. Lonaconing, MD is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,850	-34.2%
% Under 18	20.2%	2.5%
% Seniors	26.9%	25.7%
% WFH	2.2%	633.3%
% w/ College Degree	17.8%	6.0%

Loading chart...

As of the latest ACS Survey released in 2023, Lonaconing, MD is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Lonaconing, MD is hispanic, making up 3.3% of the population. Foreign-born residents account for 2.3% of the population in Lonaconing, MD, and this percentage has increased by 283.3% 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	93.9%	-4.4%
% Black	0.2%	-66.7%
% Hispanic	3.3%	1,000.0%
% Asian	1.2%	71.4%
% Foreign Born	2.3%	283.3%

Loading chart...

Mortgage and Risk — Lonaconing, MD

According to HUD data as of 2023, there were 30 mortgage originations in Lonaconing, MD, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Lonaconing, MD. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	30
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

Loading chart...

Rentals and Section 8 — Lonaconing, MD

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

Section 8 Market Size

Total Units under HUD	10
Total Units Section 8	10
% Rentals under Section 8	4.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$38	$798	$760
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,240
4 Bedroom	N/A	N/A	$1,420

Lonaconing, MD—21539

Key Metrics at a Glance

Home Price Trends — Lonaconing, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lonaconing, MD

% of Rental Stock

Property Listings — Lonaconing, MD

Demographics — Lonaconing, MD

Race and Ethnicity

Mortgage and Risk — Lonaconing, MD

Mortgages

Rentals and Section 8 — Lonaconing, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Lonaconing, MD

Home Price to Income Ratio

Lonaconing, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Midland

Barton, MD

Midlothian

Frostburg, MD

Westernport, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$107,000
Median Household Income	$51,700

Lonaconing, MD—21539

Key Metrics at a Glance

Home Price Trends — Lonaconing, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lonaconing, MD

% of Rental Stock

Property Listings — Lonaconing, MD

Demographics — Lonaconing, MD

Race and Ethnicity

Mortgage and Risk — Lonaconing, MD

Mortgages

Rentals and Section 8 — Lonaconing, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Lonaconing, MD

Home Price to Income Ratio

Lonaconing, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Midland

Barton, MD

Midlothian

Frostburg, MD

Westernport, MD

Frequently Asked Questions

What is the average home price in Lonaconing, MD 21539?

How have home prices in Lonaconing, MD 21539 changed over the past year?

What is the home price projection for Lonaconing, MD 21539?

What are the demographics of Lonaconing, MD 21539?

How long does it take homes to sell in Lonaconing, MD 21539?

What is the average rent price in Lonaconing, MD 21539?