Allen, MD21822

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$312,000
0.8% YoY Growth
Median Household Income
$51,500
0.4% 5-Year Growth
Days on Market
120
10.0% Shorter than last year
Home Price Forecast
1.2%
Median 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

Property Listings — Allen, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Allen, MD is 120. This is a decrease of -10.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$378,000-4.0%
Listing Count
11-3.0%
Listings as % of Homes0.5%-3.0%
Days on Market
120-10.0%
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Demographics — Allen, MD

As of the latest ACS Survey released in 2023, Allen, MD has a population of 2,600, which has increased by 29.3% over the past 5 years. Allen, MD is a popular place for families, as children make up 31.5% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,60029.3%
% Under 18
31.5%40.6%
% Seniors
17.3%-5.5%
% WFH
15.3%80.0%
% w/ College Degree
21.8%-16.8%
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As of the latest ACS Survey released in 2023, Allen, MD is a predominantly white area, with 63.5% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Allen, MD is black, making up 29.5% of the population. Foreign-born residents account for 0.6% of the population in Allen, MD, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
63.5%-10.7%
% Black
29.5%74.6%
% Hispanic
1.0%-84.8%
% Asian
0.0%-100.0%
% Foreign Born
0.6%-80.0%
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Mortgage and Risk — Allen, MD

Allen, MD lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip 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

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Rentals and Section 8 — Allen, MD

Allen, MD 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
1.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,080
2 BedroomN/AN/A$1,410
3 BedroomN/AN/A$1,850
4 BedroomN/AN/A$1,890

Affordability — Allen, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.6
Median Home Price$312,000
Median Household Income$51,500

Allen, MD — ZIP Code Boundary Map

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Frequently Asked Questions