Boonsboro, MD 21713 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Boonsboro, MD—21713

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$402,000

4.4% YoY Growth

Household Income

$102,000

35.5% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$1,400

9.0% YoY Growth

1-Bed Rent

$969

11.0% YoY Growth

2-Bed Rent

$1,400

N/A

3-Bed Rent

$2,400

22.4% YoY Growth

Home Price Trends — Boonsboro, MD

As of Dec '25, the median home price in Boonsboro, MD is $402,000, with a year-over-year change of 4.4%. This indicates that home prices in Boonsboro, MD are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$402,000	4.4%
Single Family	$403,000	4.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Boonsboro, MD

As of July '25, Rentcast reports the average rent in Boonsboro, MD is $1,710, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Boonsboro, MD is 1-bedrooms: $997, 2-bedrooms: $1,470, 3-bedrooms: $2,400, 4-bedrooms: $2,900. The most common rental property sizes in Boonsboro, MD are 2-bedroom and 4-bedroom, accounting for 36.4% and 25.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,710
Studio Rent	N/A	N/A
1 Bed Rent	$969	$997
2 Bed Rent	$1,400	$1,470
3 Bed Rent	$2,400	$2,400
4 Bed Rent	$2,900	$2,900

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% of Rental Stock

Studio

2.2%

1 Bedroom

15.4%

2 Bedrooms

36.4%

3 Bedrooms

21.0%

4 Bedrooms

25.0%

Property Listings — Boonsboro, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in Boonsboro, MD is 36. This is a increase of 9.0% 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	$392,000	-11.0%
Listing Count	37	54.0%
Listings as % of Homes	0.5%	54.0%
Days on Market	59	-2.0%

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Demographics — Boonsboro, MD

As of the latest ACS Survey released in 2023, Boonsboro, MD has a population of 10,100, which has decreased by -2.2% over the past 5 years. Boonsboro, MD is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,100	-2.2%
% Under 18	23.8%	4.8%
% Seniors	21.9%	27.3%
% WFH	13.8%	155.6%
% w/ College Degree	28.4%	32.1%

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As of the latest ACS Survey released in 2023, Boonsboro, MD is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Boonsboro, MD is black, making up 5.2% of the population. Foreign-born residents account for 3.3% of the population in Boonsboro, MD, and this percentage has increased by 43.5% 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	90.4%	-5.3%
% Black	5.2%	642.9%
% Hispanic	1.8%	80.0%
% Asian	1.8%	80.0%
% Foreign Born	3.3%	43.5%

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Mortgage and Risk — Boonsboro, MD

According to HUD data as of 2023, there were 170 mortgage originations in Boonsboro, MD, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Boonsboro, MD. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	170
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — Boonsboro, MD

As of 2024, the percent of homes in Boonsboro, MD under the Section 8 program is 6.1%. 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 Boonsboro, MD, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	46
Total Units Section 8	46
% Rentals under Section 8	6.1%
% Occupied Section 8	91.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$271	$969	$1,240
2 Bedroom	$230	$1,400	$1,630
3 Bedroom	-$150	$2,400	$2,250
4 Bedroom	-$400	$2,900	$2,500

Boonsboro, MD—21713

Key Metrics at a Glance

Home Price Trends — Boonsboro, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Boonsboro, MD

% of Rental Stock

Property Listings — Boonsboro, MD

Demographics — Boonsboro, MD

Race and Ethnicity

Mortgage and Risk — Boonsboro, MD

Mortgages

Rentals and Section 8 — Boonsboro, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Boonsboro, MD

Home Price to Income Ratio

Boonsboro, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Roxbury

Keedysville, MD

Funkstown

Fairplay, MD

Rohrersville, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$402,000
Median Household Income	$102,000

Boonsboro, MD—21713

Key Metrics at a Glance

Home Price Trends — Boonsboro, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Boonsboro, MD

% of Rental Stock

Property Listings — Boonsboro, MD

Demographics — Boonsboro, MD

Race and Ethnicity

Mortgage and Risk — Boonsboro, MD

Mortgages

Rentals and Section 8 — Boonsboro, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Boonsboro, MD

Home Price to Income Ratio

Boonsboro, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Roxbury

Keedysville, MD

Funkstown

Fairplay, MD

Rohrersville, MD

Frequently Asked Questions

What is the average home price in Boonsboro, MD 21713?

How have home prices in Boonsboro, MD 21713 changed over the past year?

What is the home price projection for Boonsboro, MD 21713?

What are the demographics of Boonsboro, MD 21713?

How long does it take homes to sell in Boonsboro, MD 21713?

What is the average rent price in Boonsboro, MD 21713?