East New Market, MD—21631
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East New Market, MD
As of Oct '25, the median home price in East New Market, MD is $333,000, with a year-over-year change of 0.4%. This indicates that home prices in East New Market, MD are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | 0.4% |
| Single Family | $333,000 | 0.9% |
| 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 | $308,000 | 1.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East New Market, MD
East New Market, 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 — East New Market, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in East New Market, MD is 52. This is a decrease of -49.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $420,000 | 3.0% |
Listing Count | 18 | 119.0% |
| Listings as % of Homes | 0.8% | 119.0% |
Days on Market | 52 | -49.0% |
Demographics — East New Market, MD
As of the latest ACS Survey released in 2023, East New Market, MD has a population of 2,580, which has decreased by -4.2% over the past 5 years. East New Market, MD is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,580 | -4.2% |
% Under 18 | 23.2% | -4.5% |
% Seniors | 18.4% | -23.3% |
% WFH | 8.6% | 616.7% |
% w/ College Degree | 25.4% | -0.8% |
As of the latest ACS Survey released in 2023, East New Market, MD is a predominantly white area, with 71.6% of the population identifying as white. The white population has shrunk by 17.7% in the last 5 years. The second most common race or ethnicity in East New Market, MD is hispanic, making up 13.5% of the population. Foreign-born residents account for 7.9% of the population in East New Market, MD, and this percentage has increased by 243.5% 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 | 71.6% | -17.7% |
% Black | 5.5% | -6.8% |
% Hispanic | 13.5% | 419.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 7.9% | 243.5% |
Mortgage and Risk — East New Market, MD
According to HUD data as of 2023, there were 78 mortgage originations in East New Market, MD, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in East New Market, MD. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — East New Market, MD
East New Market, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,380 |
| 2 Bedroom | N/A | N/A | $1,730 |
| 3 Bedroom | N/A | N/A | $2,420 |
| 4 Bedroom | N/A | N/A | $2,910 |
Affordability — East New Market, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $333,000 |
| Median Household Income | $69,100 |