Woodbine, MD—21797
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodbine, MD
As of Oct '25, the median home price in Woodbine, MD is $792,000, with a year-over-year change of 1.0%. This indicates that home prices in Woodbine, MD are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $792,000 | 1.0% |
| Single Family | $793,000 | 1.0% |
| 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 | $606,000 | 1.3% |
4 Bed | $863,000 | 0.3% |
| 5 Bed | $1,102,000 | 0.3% |
% of Housing Stock
Rental Trends — Woodbine, MD
As of July '25, Rentcast reports the average rent in Woodbine, MD is $2,700, with a year-over-year rent change of -53.0%. Per bedroom, the median rent as of July '25 in Woodbine, MD is 4-bedrooms: $2,700. The most common rental property sizes in Woodbine, MD are 2-bedroom and 3-bedroom, accounting for 64.3% and 18.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,700 |
| 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 | $2,700 | $2,700 |
% of Rental Stock
Property Listings — Woodbine, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodbine, MD is 56. This is a increase of 91.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,110,000 | -13.0% |
Listing Count | 28 | 31.0% |
| Listings as % of Homes | 0.6% | 31.0% |
Days on Market | 56 | 91.0% |
Demographics — Woodbine, MD
As of the latest ACS Survey released in 2023, Woodbine, MD has a population of 8,770, which has increased by 1.2% over the past 5 years. Woodbine, MD is a moderately popular place for families, as children make up 22.8% of the population. The area has a highly educated workforce, with 48.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,770 | 1.2% |
% Under 18 | 22.8% | -4.6% |
% Seniors | 14.4% | -15.8% |
% WFH | 24.9% | 344.6% |
% w/ College Degree | 48.6% | 18.8% |
As of the latest ACS Survey released in 2023, Woodbine, MD is a predominantly white area, with 80.7% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Woodbine, MD is asian, making up 6.4% of the population. Foreign-born residents account for 6.1% of the population in Woodbine, MD, and this percentage has increased by 56.4% 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 | 80.7% | -8.7% |
% Black | 2.5% | -32.4% |
% Hispanic | 4.2% | 20.0% |
% Asian | 6.4% | 220.0% |
% Foreign Born | 6.1% | 56.4% |
Mortgage and Risk — Woodbine, MD
According to HUD data as of 2023, there were 289 mortgage originations in Woodbine, MD, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Woodbine, MD. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 289 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Woodbine, MD
Woodbine, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,820 |
| 2 Bedroom | N/A | N/A | $2,160 |
| 3 Bedroom | N/A | N/A | $2,750 |
| 4 Bedroom | $430 | $2,700 | $3,130 |
Affordability — Woodbine, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $792,000 |
| Median Household Income | $185,000 |