Welcome, MD—20693
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Welcome, MD
As of Oct '25, the median home price in Welcome, MD is $505,000, with a year-over-year change of -0.3%. This indicates that home prices in Welcome, MD are flat. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $505,000 | -0.3% |
| Single Family | $506,000 | -1.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Welcome, MD
As of July '25, Rentcast reports the average rent in Welcome, MD is $4,350, with a year-over-year rent change of 30.6%. Per bedroom, the median rent as of July '25 in Welcome, MD is 3-bedrooms: $2,350, 4-bedrooms: $6,350. The most common rental property sizes in Welcome, MD are 4-bedroom and 2-bedroom, accounting for 61.1% and 38.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $4,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,350 | $2,350 |
| 4 Bed Rent | $6,350 | $6,350 |
% of Rental Stock
Property Listings — Welcome, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Welcome, MD is 144. This is a increase of 8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $717,000 | 4.0% |
Listing Count | 4 | 86.0% |
| Listings as % of Homes | 1.4% | 86.0% |
Days on Market | 144 | 8.0% |
Demographics — Welcome, MD
As of the latest ACS Survey released in 2023, Welcome, MD has a population of 1,240, which has increased by 30.7% over the past 5 years. Welcome, MD is a popular place for families, as children make up 27.6% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,240 | 30.7% |
% Under 18 | 27.6% | 71.4% |
% Seniors | 13.3% | 2.3% |
% WFH | 11.7% | 85.7% |
% w/ College Degree | 39.8% | 63.8% |
As of the latest ACS Survey released in 2023, Welcome, MD is a predominantly white area, with 51.9% of the population identifying as white. The white population has shrunk by 34.4% in the last 5 years. The second most common race or ethnicity in Welcome, MD is black, making up 17.5% of the population. Foreign-born residents account for 0.0% of the population in Welcome, MD, and this percentage has decreased by 100.0% 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 | 51.9% | -34.4% |
% Black | 17.5% | 196.6% |
% Hispanic | 5.8% | 625.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Welcome, MD
Welcome, 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 |
Loan Activity
No data available
Rentals and Section 8 — Welcome, MD
Welcome, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,510 |
| 2 Bedroom | N/A | N/A | $1,690 |
| 3 Bedroom | -$230 | $2,350 | $2,120 |
| 4 Bedroom | -$3,850 | $6,350 | $2,500 |
Affordability — Welcome, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $505,000 |
| Median Household Income | $149,000 |