North East, MD 21901 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North East, MD—21901

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$386,000

1.8% YoY Growth

Household Income

$113,000

51.3% YoY Growth

Days on Market

32.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,690

9.7% YoY Growth

1-Bed Rent

$1,580

9.3% YoY Growth

2-Bed Rent

$1,800

25.7% YoY Growth

3-Bed Rent

$2,250

9.2% YoY Growth

Home Price Trends — North East, MD

As of Dec '25, the median home price in North East, MD is $386,000, with a year-over-year change of 1.8%. This indicates that home prices in North East, MD are increasing. 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	$386,000	1.8%
Single Family	$392,000	1.3%
Condos	$320,000	2.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North East, MD

As of July '25, Rentcast reports the average rent in North East, MD is $1,760, with a year-over-year rent change of -9.7%. Per bedroom, the median rent as of July '25 in North East, MD is 1-bedrooms: $1,640, 2-bedrooms: $1,710, 3-bedrooms: $2,250. The most common rental property sizes in North East, MD are 3-bedroom and 2-bedroom, accounting for 37.1% and 31.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,690	$1,760
Studio Rent	N/A	N/A
1 Bed Rent	$1,580	$1,640
2 Bed Rent	$1,800	$1,710
3 Bed Rent	$2,250	$2,250
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

22.1%

2 Bedrooms

31.8%

3 Bedrooms

37.1%

4 Bedrooms

6.5%

5+ Bedrooms

2.5%

Property Listings — North East, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in North East, MD is 53. This is a increase of 60.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$463,000	3.0%
Listing Count	63	-5.0%
Listings as % of Homes	0.7%	-5.0%
Days on Market	57	32.0%

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Demographics — North East, MD

As of the latest ACS Survey released in 2023, North East, MD has a population of 19,600, which has increased by 10.7% over the past 5 years. North East, MD is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 33.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	19,600	10.7%
% Under 18	25.0%	12.1%
% Seniors	11.6%	-28.8%
% WFH	13.0%	209.5%
% w/ College Degree	33.0%	37.5%

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As of the latest ACS Survey released in 2023, North East, MD is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in North East, MD is black, making up 6.9% of the population. Foreign-born residents account for 1.9% of the population in North East, MD, and this percentage has decreased by 54.8% 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	85.0%	-2.6%
% Black	6.9%	30.2%
% Hispanic	3.0%	-6.2%
% Asian	0.7%	-73.1%
% Foreign Born	1.9%	-54.8%

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Mortgage and Risk — North East, MD

According to HUD data as of 2023, there were 439 mortgage originations in North East, MD, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in North East, MD. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	439
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — North East, MD

North East, MD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	257
Total Units Section 8	257
% Rentals under Section 8	14.4%
% Occupied Section 8	87.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$40	$1,580	$1,540
2 Bedroom	$30	$1,800	$1,830
3 Bedroom	-$50	$2,250	$2,200
4 Bedroom	N/A	N/A	$2,510

North East, MD—21901

Key Metrics at a Glance

Home Price Trends — North East, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North East, MD

% of Rental Stock

Property Listings — North East, MD

Demographics — North East, MD

Race and Ethnicity

Mortgage and Risk — North East, MD

Mortgages

Rentals and Section 8 — North East, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — North East, MD

Home Price to Income Ratio

North East, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Town Commons

Perryville, MD

Elkton, MD

Perry Point, MD

Port Deposit, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$386,000
Median Household Income	$113,000

North East, MD—21901

Key Metrics at a Glance

Home Price Trends — North East, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North East, MD

% of Rental Stock

Property Listings — North East, MD

Demographics — North East, MD

Race and Ethnicity

Mortgage and Risk — North East, MD

Mortgages

Rentals and Section 8 — North East, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — North East, MD

Home Price to Income Ratio

North East, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Town Commons

Perryville, MD

Elkton, MD

Perry Point, MD

Port Deposit, MD

Frequently Asked Questions

What is the average home price in North East, MD 21901?

How have home prices in North East, MD 21901 changed over the past year?

What is the home price projection for North East, MD 21901?

What are the demographics of North East, MD 21901?

How long does it take homes to sell in North East, MD 21901?

What is the average rent price in North East, MD 21901?