Mount Savage, MD—21545
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Savage, MD
As of Oct '25, the median home price in Mount Savage, MD is $119,000, with a year-over-year change of 4.1%. This indicates that home prices in Mount Savage, MD are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $119,000 | 4.1% |
| Single Family | $119,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $132,000 | 4.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Savage, MD
Mount Savage, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Mount Savage, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Savage, MD is 56. This is a increase of 287.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $125,000 | -20.0% |
Listing Count | 10 | 69.0% |
| Listings as % of Homes | 0.1% | 69.0% |
Days on Market | 56 | 287.0% |
Demographics — Mount Savage, MD
As of the latest ACS Survey released in 2023, Mount Savage, MD has a population of 1,720, which has remained stable by -0.5% over the past 5 years. Mount Savage, MD is a moderately popular place for families, as children make up 17.4% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,720 | -0.5% |
% Under 18 | 17.4% | 26.1% |
% Seniors | 20.5% | 10.8% |
% WFH | 5.3% | 152.4% |
% w/ College Degree | 15.3% | 27.5% |
As of the latest ACS Survey released in 2023, Mount Savage, MD is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Mount Savage, MD is black, making up 0.3% of the population. Foreign-born residents account for 0.4% of the population in Mount Savage, MD, and this percentage has decreased by 77.8% 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 | 86.5% | -12.6% |
% Black | 0.3% | -40.0% |
% Hispanic | 0.2% | -66.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -77.8% |
Mortgage and Risk — Mount Savage, MD
According to HUD data as of 2023, there were 26 mortgage originations in Mount Savage, MD, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Mount Savage, MD. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Mount Savage, MD
Mount Savage, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Mount Savage, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $119,000 |
| Median Household Income | $59,600 |