Berlin, MD—21811
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berlin, MD
As of Oct '25, the median home price in Berlin, MD is $432,000, with a year-over-year change of -0.8%. This indicates that home prices in Berlin, MD are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $432,000 | -0.8% |
| Single Family | $435,000 | -1.1% |
| Condos | $363,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | -2.9% |
3 Bed | $410,000 | -1.0% |
4 Bed | $572,000 | -0.5% |
| 5 Bed | $756,000 | 0.0% |
% of Housing Stock
Rental Trends — Berlin, MD
As of July '25, Rentcast reports the average rent in Berlin, MD is $2,160, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Berlin, MD is 2-bedrooms: $1,820, 3-bedrooms: $2,190, 4-bedrooms: $2,950. The most common rental property sizes in Berlin, MD are 3-bedroom and 2-bedroom, accounting for 46.9% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,950 | $1,820 |
| 3 Bed Rent | $2,200 | $2,190 |
| 4 Bed Rent | $2,950 | $2,950 |
% of Rental Stock
Property Listings — Berlin, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Berlin, MD is 56. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $527,000 | 7.0% |
Listing Count | 228 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 56 | -6.0% |
Demographics — Berlin, MD
As of the latest ACS Survey released in 2023, Berlin, MD has a population of 24,300, which has increased by 2.4% over the past 5 years. Berlin, MD is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,300 | 2.4% |
% Under 18 | 16.8% | -6.7% |
% Seniors | 34.0% | 13.0% |
% WFH | 12.1% | 53.2% |
% w/ College Degree | 36.1% | 3.7% |
As of the latest ACS Survey released in 2023, Berlin, MD is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Berlin, MD is black, making up 8.7% of the population. Foreign-born residents account for 4.6% of the population in Berlin, MD, and this percentage has decreased by 6.1% 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 | 82.0% | -1.2% |
% Black | 8.7% | -17.1% |
% Hispanic | 3.3% | 22.2% |
% Asian | 1.8% | -18.2% |
% Foreign Born | 4.6% | -6.1% |
Mortgage and Risk — Berlin, MD
According to HUD data as of 2023, there were 668 mortgage originations in Berlin, MD, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Berlin, MD. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 668 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Berlin, MD
Berlin, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 122 |
Total Units Section 8 | 122 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 82.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,340 |
| 2 Bedroom | -$460 | $1,950 | $1,490 |
| 3 Bedroom | -$110 | $2,200 | $2,090 |
| 4 Bedroom | -$670 | $2,950 | $2,280 |
Affordability — Berlin, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $432,000 |
| Median Household Income | $91,300 |