Snow Hill, MD—21863
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Snow Hill, MD
As of Oct '25, the median home price in Snow Hill, MD is $284,000, with a year-over-year change of -2.5%. This indicates that home prices in Snow Hill, 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 | $284,000 | -2.5% |
| Single Family | $284,000 | -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 | $284,000 | -0.7% |
4 Bed | $336,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Snow Hill, MD
As of July '25, Rentcast reports the average rent in Snow Hill, MD is $1,390, with a year-over-year rent change of 128.6%. Per bedroom, the median rent as of July '25 in Snow Hill, MD is studios: $1,240, 1-bedrooms: $838, 3-bedrooms: $2,010. The most common rental property sizes in Snow Hill, MD are 2-bedroom and 3-bedroom, accounting for 45.3% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,240 | $1,390 |
| Studio Rent | $1,240 | $1,240 |
| 1 Bed Rent | $680 | $838 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,580 | $2,010 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Snow Hill, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Snow Hill, MD is 34. This is a increase of 10.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | 81.0% |
Listing Count | 20 | 27.0% |
| Listings as % of Homes | 0.6% | 27.0% |
Days on Market | 34 | 10.0% |
Demographics — Snow Hill, MD
As of the latest ACS Survey released in 2023, Snow Hill, MD has a population of 5,200, which has increased by 9.7% over the past 5 years. Snow Hill, MD is a moderately popular place for families, as children make up 24.9% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,200 | 9.7% |
% Under 18 | 24.9% | 29.0% |
% Seniors | 20.4% | -9.3% |
% WFH | 5.8% | 141.7% |
% w/ College Degree | 26.4% | 19.5% |
As of the latest ACS Survey released in 2023, Snow Hill, MD is a predominantly white area, with 71.0% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Snow Hill, MD is black, making up 22.1% of the population. Foreign-born residents account for 2.0% of the population in Snow Hill, MD, and this percentage has decreased by 44.4% 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 | 71.0% | 4.1% |
% Black | 22.1% | -10.5% |
% Hispanic | 2.7% | 12.5% |
% Asian | 1.0% | 42.9% |
% Foreign Born | 2.0% | -44.4% |
Mortgage and Risk — Snow Hill, MD
According to HUD data as of 2023, there were 88 mortgage originations in Snow Hill, MD, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Snow Hill, MD. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Snow Hill, MD
Snow Hill, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $680 | $1,050 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | $50 | $1,580 | $1,630 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Snow Hill, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $284,000 |
| Median Household Income | $71,200 |