Parsonsburg, MD—21849
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Parsonsburg, MD
As of Oct '25, the median home price in Parsonsburg, MD is $309,000, with a year-over-year change of -0.3%. This indicates that home prices in Parsonsburg, MD are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $309,000 | -0.3% |
| Single Family | $310,000 | 0.3% |
| 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 | $296,000 | 1.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Parsonsburg, MD
Parsonsburg, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $1,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Parsonsburg, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Parsonsburg, MD is 119. This is a increase of 97.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 14.0% |
Listing Count | 13 | 6.0% |
| Listings as % of Homes | 0.2% | 6.0% |
Days on Market | 119 | 97.0% |
Demographics — Parsonsburg, MD
As of the latest ACS Survey released in 2023, Parsonsburg, MD has a population of 3,840, which has increased by 16.6% over the past 5 years. Parsonsburg, MD is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,840 | 16.6% |
% Under 18 | 22.6% | -5.4% |
% Seniors | 15.4% | -26.0% |
% WFH | 17.4% | 815.8% |
% w/ College Degree | 24.7% | 32.8% |
As of the latest ACS Survey released in 2023, Parsonsburg, MD is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Parsonsburg, MD is black, making up 8.1% of the population. Foreign-born residents account for 1.0% of the population in Parsonsburg, MD, and this percentage has decreased by 23.1% 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 | 86.5% | -7.1% |
% Black | 8.1% | 118.9% |
% Hispanic | 0.8% | -33.3% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 1.0% | -23.1% |
Mortgage and Risk — Parsonsburg, MD
Parsonsburg, MD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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
Rentals and Section 8 — Parsonsburg, MD
Parsonsburg, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,370 |
| 3 Bedroom | -$90 | $1,900 | $1,810 |
| 4 Bedroom | N/A | N/A | $1,820 |
Affordability — Parsonsburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $309,000 |
| Median Household Income | $75,000 |