Port Deposit, MD—21904
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Deposit, MD
As of Oct '25, the median home price in Port Deposit, MD is $394,000, with a year-over-year change of 2.2%. This indicates that home prices in Port Deposit, 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 | $394,000 | 2.2% |
| Single Family | $401,000 | 1.8% |
| 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 | $375,000 | 2.2% |
4 Bed | $517,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Deposit, MD
As of July '25, Rentcast reports the average rent in Port Deposit, MD is $1,370, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in Port Deposit, MD is studios: $900, 1-bedrooms: $1,080, 3-bedrooms: $1,630. The most common rental property sizes in Port Deposit, MD are 3-bedroom and 2-bedroom, accounting for 50.3% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,490 | $1,370 |
| Studio Rent | $900 | $900 |
| 1 Bed Rent | $1,080 | $1,080 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,630 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Port Deposit, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Deposit, MD is 31. This is a decrease of -21.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $544,000 | 10.0% |
Listing Count | 13 | -20.0% |
| Listings as % of Homes | 0.4% | -20.0% |
Days on Market | 31 | -21.0% |
Demographics — Port Deposit, MD
As of the latest ACS Survey released in 2023, Port Deposit, MD has a population of 6,400, which has decreased by -8.6% over the past 5 years. Port Deposit, MD is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,400 | -8.6% |
% Under 18 | 22.8% | 5.1% |
% Seniors | 13.8% | -12.1% |
% WFH | 9.7% | 169.4% |
% w/ College Degree | 25.2% | 26.0% |
As of the latest ACS Survey released in 2023, Port Deposit, MD is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Port Deposit, MD is hispanic, making up 8.6% of the population. Foreign-born residents account for 3.5% of the population in Port Deposit, MD, and this percentage has increased by 191.7% 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 | 83.9% | -6.9% |
% Black | 6.3% | 23.5% |
% Hispanic | 8.6% | 168.7% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.5% | 191.7% |
Mortgage and Risk — Port Deposit, MD
According to HUD data as of 2023, there were 136 mortgage originations in Port Deposit, MD, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Port Deposit, MD. Investor activity is low, as 1.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 136 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Port Deposit, MD
Port Deposit, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 94.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,080 | $1,340 |
| 2 Bedroom | N/A | N/A | $1,600 |
| 3 Bedroom | $330 | $1,600 | $1,930 |
| 4 Bedroom | N/A | N/A | $2,190 |
Affordability — Port Deposit, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $394,000 |
| Median Household Income | $84,400 |