Taneytown, MD—21787
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Taneytown, MD
As of Oct '25, the median home price in Taneytown, MD is $393,000, with a year-over-year change of 2.6%. This indicates that home prices in Taneytown, MD are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $393,000 | 2.6% |
| Single Family | $393,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $354,000 | 2.0% |
3 Bed | $364,000 | 2.0% |
4 Bed | $438,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Taneytown, MD
As of July '25, Rentcast reports the average rent in Taneytown, MD is $1,830, with a year-over-year rent change of -16.4%. Per bedroom, the median rent as of July '25 in Taneytown, MD is studios: $1,800, 1-bedrooms: $900, 2-bedrooms: $1,460, 3-bedrooms: $2,250, 4-bedrooms: $3,000. The most common rental property sizes in Taneytown, MD are 3-bedroom and 1-bedroom, accounting for 45.1% and 29.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,830 |
| Studio Rent | $1,800 | $1,800 |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,150 | $1,460 |
| 3 Bed Rent | $2,300 | $2,250 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Taneytown, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Taneytown, MD is 59. This is a increase of 95.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $383,000 | -7.0% |
Listing Count | 43 | 11.0% |
| Listings as % of Homes | 0.7% | 11.0% |
Days on Market | 59 | 95.0% |
Demographics — Taneytown, MD
As of the latest ACS Survey released in 2023, Taneytown, MD has a population of 11,500, which has increased by 13.4% over the past 5 years. Taneytown, MD is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 13.4% |
% Under 18 | 24.3% | 16.8% |
% Seniors | 20.8% | 12.4% |
% WFH | 10.0% | 194.1% |
% w/ College Degree | 19.3% | -2.0% |
As of the latest ACS Survey released in 2023, Taneytown, MD is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Taneytown, MD is black, making up 5.3% of the population. Foreign-born residents account for 3.5% of the population in Taneytown, MD, and this percentage has increased by 40.0% 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 | 86.4% | -6.6% |
% Black | 5.3% | 89.3% |
% Hispanic | 5.2% | 92.6% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 3.5% | 40.0% |
Mortgage and Risk — Taneytown, MD
According to HUD data as of 2023, there were 200 mortgage originations in Taneytown, MD, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Taneytown, MD. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 200 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Taneytown, MD
As of 2024, the percent of homes in Taneytown, MD under the Section 8 program is 18.0%. This is considered high, suggesting that the neighborhood is heavily 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 Taneytown, MD, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 168 |
Total Units Section 8 | 168 |
% Rentals under Section 8 | 18.0% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $900 | $1,050 |
| 2 Bedroom | $140 | $1,150 | $1,290 |
| 3 Bedroom | -$640 | $2,300 | $1,660 |
| 4 Bedroom | -$1,120 | $3,000 | $1,880 |
Affordability — Taneytown, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $393,000 |
| Median Household Income | $88,200 |