Funkstown—21734
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Funkstown
As of Oct '25, the median home price in Funkstown is $271,000, with a year-over-year change of 1.1%. This indicates that home prices in Funkstown are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $271,000 | 1.1% |
| Single Family | $270,000 | 0.4% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Funkstown
As of July '25, Rentcast reports the average rent in Funkstown is $1,730, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Funkstown is 3-bedrooms: $1,600, 4-bedrooms: $1,800. The most common rental property sizes in Funkstown are 2-bedroom and 1-bedroom, accounting for 52.0% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | $1,700 | $1,800 |
% of Rental Stock
Property Listings — Funkstown
As of Oct '25, Realtor.com reports that the median days on market for a home in Funkstown is 193. This is a increase of 134.0% 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 | $429,000 | 4.0% |
Listing Count | 2 | -22.0% |
| Listings as % of Homes | 1.2% | -22.0% |
Days on Market | 193 | 134.0% |
Demographics — Funkstown
As of the latest ACS Survey released in 2023, Funkstown has a population of 826, which has increased by 18.8% over the past 5 years. Funkstown is a less popular place for families, as children make up 4.8% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 826 | 18.8% |
% Under 18 | 4.8% | -52.5% |
% Seniors | 24.8% | 22.2% |
% WFH | 11.6% | 792.3% |
% w/ College Degree | 31.6% | 70.8% |
As of the latest ACS Survey released in 2023, Funkstown is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 5.2% in the last 5 years. The second most common race or ethnicity in Funkstown is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.0% of the population in Funkstown, and this percentage has decreased by 100.0% 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 | 97.0% | 5.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.5% | -76.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Funkstown
Funkstown lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Funkstown
Funkstown lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | -$50 | $1,600 | $1,550 |
| 4 Bedroom | $10 | $1,700 | $1,710 |
Affordability — Funkstown
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $271,000 |
| Median Household Income | $58,400 |