Warrens Park, MD—21842
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warrens Park, MD
As of Oct '25, the median home price in Warrens Park, MD is $445,000, with a year-over-year change of -1.9%. This indicates that home prices in Warrens Park, MD are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $445,000 | -1.9% |
| Single Family | $520,000 | -3.3% |
| Condos | $414,000 | -2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $278,000 | -3.5% |
2 Bed | $413,000 | -3.3% |
3 Bed | $572,000 | -1.5% |
4 Bed | $780,000 | -0.6% |
| 5 Bed | $1,040,000 | 0.0% |
% of Housing Stock
Rental Trends — Warrens Park, MD
As of July '25, Rentcast reports the average rent in Warrens Park, MD is $2,730, with a year-over-year rent change of -13.6%. Per bedroom, the median rent as of July '25 in Warrens Park, MD is 1-bedrooms: $1,800, 2-bedrooms: $1,990, 3-bedrooms: $2,820, 4-bedrooms: $5,850. The most common rental property sizes in Warrens Park, MD are 2-bedroom and 3-bedroom, accounting for 50.4% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,800 |
| 2 Bed Rent | $1,800 | $1,990 |
| 3 Bed Rent | $2,300 | $2,820 |
| 4 Bed Rent | $3,200 | $5,850 |
% of Rental Stock
Property Listings — Warrens Park, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Warrens Park, MD is 70. This is a increase of 35.0% 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 | $492,000 | -3.0% |
Listing Count | 662 | 25.0% |
| Listings as % of Homes | 0.8% | 25.0% |
Days on Market | 70 | 35.0% |
Demographics — Warrens Park, MD
As of the latest ACS Survey released in 2023, Warrens Park, MD has a population of 11,100, which has increased by 4.2% over the past 5 years. Warrens Park, MD is a less popular place for families, as children make up 13.1% of the population. The area has a moderately educated workforce, with 39.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | 4.2% |
% Under 18 | 13.1% | 31.0% |
% Seniors | 28.1% | -6.0% |
% WFH | 12.6% | 162.5% |
% w/ College Degree | 39.3% | 20.2% |
As of the latest ACS Survey released in 2023, Warrens Park, MD is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Warrens Park, MD is hispanic, making up 7.9% of the population. Foreign-born residents account for 9.5% of the population in Warrens Park, MD, and this percentage has increased by 31.9% 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 | 85.9% | -4.2% |
% Black | 2.9% | 16.0% |
% Hispanic | 7.9% | 68.1% |
% Asian | 0.7% | 250.0% |
% Foreign Born | 9.5% | 31.9% |
Mortgage and Risk — Warrens Park, MD
According to HUD data as of 2023, there were 876 mortgage originations in Warrens Park, MD, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Warrens Park, MD. Investor activity is low, as 12.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 876 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 12.0% |
% Second Loans | 62.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Warrens Park, MD
As of 2024, the percent of homes in Warrens Park, MD under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Warrens Park, MD, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$530 | $1,700 | $1,170 |
| 2 Bedroom | -$500 | $1,800 | $1,300 |
| 3 Bedroom | -$480 | $2,300 | $1,820 |
| 4 Bedroom | -$1,210 | $3,200 | $1,990 |
Affordability — Warrens Park, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $445,000 |
| Median Household Income | $75,400 |