Solomons, MD 20688 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Solomons, MD—20688

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$456,000

2.4% YoY Growth

Household Income

$88,900

0.3% YoY Growth

Days on Market

24.0% Shorter YoY

Home Price Forecast

0.0%

Median Rent

$2,800

18.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,800

12.4% YoY Growth

3-Bed Rent

$2,750

20.9% YoY Growth

Home Price Trends — Solomons, MD

As of Dec '25, the median home price in Solomons, MD is $456,000, with a year-over-year change of 2.4%. This indicates that home prices in Solomons, MD are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$456,000	2.4%
Single Family	$479,000	0.8%
Condos	$419,000	4.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Solomons, MD

As of July '25, Rentcast reports the average rent in Solomons, MD is $2,950, with a year-over-year rent change of 18.0%. Per bedroom, the median rent as of July '25 in Solomons, MD is 2-bedrooms: $2,800, 3-bedrooms: $3,060, 4-bedrooms: $2,690. The most common rental property sizes in Solomons, MD are 2-bedroom and 1-bedroom, accounting for 66.5% and 22.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,800	$2,950
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,800	$2,800
3 Bed Rent	$2,750	$3,060
4 Bed Rent	$2,580	$2,690

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% of Rental Stock

1 Bedroom

22.5%

2 Bedrooms

66.5%

3 Bedrooms

11.1%

Property Listings — Solomons, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in Solomons, MD is 44. This is a decrease of -7.0% 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	$406,000	-19.0%
Listing Count	14	-13.0%
Listings as % of Homes	0.8%	-13.0%
Days on Market	56	-24.0%

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Demographics — Solomons, MD

As of the latest ACS Survey released in 2023, Solomons, MD has a population of 1,110, which has decreased by -36.0% over the past 5 years. Solomons, MD is a less popular place for families, as children make up 0.0% of the population. The area has a moderately educated workforce, with 44.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 39.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,110	-36.0%
% Under 18	0.0%	-100.0%
% Seniors	58.4%	-1.7%
% WFH	39.5%	∞%
% w/ College Degree	44.1%	-4.5%

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As of the latest ACS Survey released in 2023, Solomons, MD is a predominantly white area, with 97.5% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Solomons, MD is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.2% of the population in Solomons, MD, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	97.5%	1.8%
% Black	0.3%	-80.0%
% Hispanic	2.2%	214.3%
% Asian	0.0%	N/A
% Foreign Born	2.2%	0.0%

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Mortgage and Risk — Solomons, MD

Solomons, MD lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Solomons, MD

Solomons, MD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	0.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$2,750
2 Bedroom	$300	$2,800	$3,100
3 Bedroom	$1,130	$2,750	$3,880
4 Bedroom	$1,990	$2,580	$4,570

Solomons, MD—20688

Key Metrics at a Glance

Home Price Trends — Solomons, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Solomons, MD

% of Rental Stock

Property Listings — Solomons, MD

Demographics — Solomons, MD

Race and Ethnicity

Mortgage and Risk — Solomons, MD

Mortgages

Rentals and Section 8 — Solomons, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Solomons, MD

Home Price to Income Ratio

Solomons, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Dowell

Lusby, MD

Great Mills, MD

California, MD

Cedar Cove, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$456,000
Median Household Income	$88,900

Solomons, MD—20688

Key Metrics at a Glance

Home Price Trends — Solomons, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Solomons, MD

% of Rental Stock

Property Listings — Solomons, MD

Demographics — Solomons, MD

Race and Ethnicity

Mortgage and Risk — Solomons, MD

Mortgages

Rentals and Section 8 — Solomons, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Solomons, MD

Home Price to Income Ratio

Solomons, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Dowell

Lusby, MD

Great Mills, MD

California, MD

Cedar Cove, MD

Frequently Asked Questions

What is the average home price in Solomons, MD 20688?

How have home prices in Solomons, MD 20688 changed over the past year?

What is the home price projection for Solomons, MD 20688?

What are the demographics of Solomons, MD 20688?

How long does it take homes to sell in Solomons, MD 20688?

What is the average rent price in Solomons, MD 20688?