Pittsville, MD—21850
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pittsville, MD
As of Oct '25, the median home price in Pittsville, MD is $295,000, with a year-over-year change of 2.1%. This indicates that home prices in Pittsville, MD are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 2.1% |
| Single Family | $296,000 | 2.4% |
| 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 | $300,000 | 2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pittsville, MD
Pittsville, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pittsville, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Pittsville, MD is 58. This is a decrease of -36.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $420,000 | 12.0% |
Listing Count | 6 | 35.0% |
| Listings as % of Homes | 0.2% | 35.0% |
Days on Market | 58 | -36.0% |
Demographics — Pittsville, MD
As of the latest ACS Survey released in 2023, Pittsville, MD has a population of 3,730, which has increased by 20.6% over the past 5 years. Pittsville, MD is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 11.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,730 | 20.6% |
% Under 18 | 22.7% | -1.7% |
% Seniors | 21.1% | 97.2% |
% WFH | 4.9% | 0.0% |
% w/ College Degree | 11.4% | -8.1% |
As of the latest ACS Survey released in 2023, Pittsville, MD is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 15.0% in the last 5 years. The second most common race or ethnicity in Pittsville, MD is hispanic, making up 7.0% of the population. Foreign-born residents account for 5.0% of the population in Pittsville, MD, and this percentage has increased by 117.4% 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 | 80.3% | -15.0% |
% Black | 4.3% | 126.3% |
% Hispanic | 7.0% | 677.8% |
% Asian | 0.6% | -25.0% |
% Foreign Born | 5.0% | 117.4% |
Mortgage and Risk — Pittsville, MD
According to HUD data as of 2023, there were 87 mortgage originations in Pittsville, MD, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Pittsville, MD. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 87 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Pittsville, MD
Pittsville, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | N/A | N/A | $1,450 |
| 3 Bedroom | $420 | $1,500 | $1,920 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Pittsville, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $295,000 |
| Median Household Income | $76,700 |