Waldorf, MD—20695
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waldorf, MD
As of Oct '25, the median home price in Waldorf, MD is $484,000, with a year-over-year change of -0.4%. This indicates that home prices in Waldorf, MD are flat. 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 | $484,000 | -0.4% |
| Single Family | $485,000 | -0.8% |
| 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 | $437,000 | 1.4% |
4 Bed | $539,000 | -0.4% |
| 5 Bed | $597,000 | -0.7% |
% of Housing Stock
Rental Trends — Waldorf, MD
As of July '25, Rentcast reports the average rent in Waldorf, MD is $3,050, with a year-over-year rent change of 6.6%. Per bedroom, the median rent as of July '25 in Waldorf, MD is studios: $1,200, 1-bedrooms: $1,400, 2-bedrooms: $2,230, 3-bedrooms: $3,180, 4-bedrooms: $3,510. The most common rental property sizes in Waldorf, MD are 2-bedroom and 1-bedroom, accounting for 49.4% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,350 | $3,050 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $900 | $1,400 |
| 2 Bed Rent | $2,200 | $2,230 |
| 3 Bed Rent | $3,350 | $3,180 |
| 4 Bed Rent | $3,450 | $3,510 |
% of Rental Stock
Property Listings — Waldorf, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Waldorf, MD is 37. This is a increase of 24.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $487,000 | 2.0% |
Listing Count | 186 | 117.0% |
| Listings as % of Homes | 1.5% | 117.0% |
Days on Market | 37 | 24.0% |
Demographics — Waldorf, MD
As of the latest ACS Survey released in 2023, Waldorf, MD has a population of 12,700, which has increased by 60.6% over the past 5 years. Waldorf, MD is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,700 | 60.6% |
% Under 18 | 24.3% | 16.8% |
% Seniors | 14.6% | -20.7% |
% WFH | 13.3% | 166.0% |
% w/ College Degree | 34.2% | 12.9% |
As of the latest ACS Survey released in 2023, Waldorf, MD is a predominantly black area, with 60.9% of the population identifying as black. The black population has grown by 5.5% in the last 5 years. The second most common race or ethnicity in Waldorf, MD is white, making up 22.8% of the population. Foreign-born residents account for 8.7% of the population in Waldorf, MD, and this percentage has increased by 45.0% 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 | 22.8% | -31.9% |
% Black | 60.9% | 5.5% |
% Hispanic | 3.7% | -31.5% |
% Asian | 2.4% | 50.0% |
% Foreign Born | 8.7% | 45.0% |
Mortgage and Risk — Waldorf, MD
According to HUD data as of 2023, there were 432 mortgage originations in Waldorf, MD, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 63.0% above 90% LTV (very high). This implies large mortgage risk in Waldorf, MD. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 432 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Waldorf, MD
As of 2024, the percent of homes in Waldorf, MD under the Section 8 program is 3.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Waldorf, MD, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,280 | $900 | $2,180 |
| 2 Bedroom | $250 | $2,200 | $2,450 |
| 3 Bedroom | -$290 | $3,350 | $3,060 |
| 4 Bedroom | $160 | $3,450 | $3,610 |
Affordability — Waldorf, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $484,000 |
| Median Household Income | $119,000 |