Lusby, MD—20657
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lusby, MD
As of Oct '25, the median home price in Lusby, MD is $368,000, with a year-over-year change of 3.4%. This indicates that home prices in Lusby, MD are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $368,000 | 3.4% |
| Single Family | $368,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | 3.8% |
3 Bed | $356,000 | 3.2% |
4 Bed | $404,000 | 2.5% |
| 5 Bed | $448,000 | 1.8% |
% of Housing Stock
Rental Trends — Lusby, MD
As of July '25, Rentcast reports the average rent in Lusby, MD is $2,400, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Lusby, MD is 1-bedrooms: $1,680, 3-bedrooms: $2,310, 4-bedrooms: $2,600. The most common rental property sizes in Lusby, MD are 3-bedroom and 2-bedroom, accounting for 50.9% and 19.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,680 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,250 | $2,310 |
| 4 Bed Rent | $2,450 | $2,600 |
% of Rental Stock
Property Listings — Lusby, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Lusby, MD is 32. This is a decrease of -12.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $391,000 | 0.0% |
Listing Count | 93 | 7.0% |
| Listings as % of Homes | 0.9% | 7.0% |
Days on Market | 32 | -12.0% |
Demographics — Lusby, MD
As of the latest ACS Survey released in 2023, Lusby, MD has a population of 20,500, which has increased by 8.2% over the past 5 years. Lusby, MD is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,500 | 8.2% |
% Under 18 | 23.4% | -4.9% |
% Seniors | 12.5% | 15.7% |
% WFH | 16.4% | 465.5% |
% w/ College Degree | 29.4% | 3.2% |
As of the latest ACS Survey released in 2023, Lusby, MD is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Lusby, MD is black, making up 15.5% of the population. Foreign-born residents account for 4.1% of the population in Lusby, MD, and this percentage has increased by 57.7% 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 | 70.9% | -10.8% |
% Black | 15.5% | 17.4% |
% Hispanic | 6.0% | 114.3% |
% Asian | 1.8% | 125.0% |
% Foreign Born | 4.1% | 57.7% |
Mortgage and Risk — Lusby, MD
According to HUD data as of 2023, there were 469 mortgage originations in Lusby, MD, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Lusby, MD. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 469 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lusby, MD
Lusby, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 149 |
Total Units Section 8 | 149 |
% Rentals under Section 8 | 16.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,500 | $1,700 |
| 2 Bedroom | N/A | N/A | $1,910 |
| 3 Bedroom | $140 | $2,250 | $2,390 |
| 4 Bedroom | $370 | $2,450 | $2,820 |
Affordability — Lusby, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $368,000 |
| Median Household Income | $118,000 |