Rhodesdale, MD21659

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$296,000
0.8% YoY Growth
Median Household Income
$68,900
7.4% 5-Year Growth
Days on Market
172
120.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$3,000
87.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$3,000
87.5% YoY Growth

Property Listings — Rhodesdale, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Rhodesdale, MD is 172. This is a increase of 120.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$615,00034.0%
Listing Count
1-67.0%
Listings as % of Homes0.2%-67.0%
Days on Market
172120.0%
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Demographics — Rhodesdale, MD

As of the latest ACS Survey released in 2023, Rhodesdale, MD has a population of 1,480, which has increased by 9.2% over the past 5 years. Rhodesdale, MD is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,4809.2%
% Under 18
24.8%63.2%
% Seniors
19.3%7.8%
% WFH
2.6%∞%
% w/ College Degree
9.8%-46.7%
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As of the latest ACS Survey released in 2023, Rhodesdale, MD is a predominantly white area, with 83.6% of the population identifying as white. The white population has grown by 5.7% in the last 5 years. The second most common race or ethnicity in Rhodesdale, MD is black, making up 13.2% of the population. Foreign-born residents account for 5.2% of the population in Rhodesdale, MD, and this percentage has increased by 550.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.6%5.7%
% Black
13.2%-33.3%
% Hispanic
1.9%171.4%
% Asian
0.9%∞%
% Foreign Born
5.2%550.0%
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Mortgage and Risk — Rhodesdale, MD

According to HUD data as of 2023, there were 38 mortgage originations in Rhodesdale, MD, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Rhodesdale, MD. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
38
% Conventional Loans
63.0%
% Government Loans
37.0%
% Investor Loans
0.0%
% Second Loans
8.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Rhodesdale, MD

Rhodesdale, 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
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 BedroomN/AN/A$1,010
3 Bedroom-$1,570$3,000$1,430
4 BedroomN/AN/A$1,720

Affordability — Rhodesdale, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$296,000
Median Household Income$68,900

Rhodesdale, MD — ZIP Code Boundary Map

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Frequently Asked Questions