Geraghty Village, MD—20755
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Geraghty Village, MD
Geraghty Village, MD lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Geraghty Village, MD
Geraghty Village, MD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,840 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Geraghty Village, MD
Geraghty Village, MD lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Geraghty Village, MD
As of the latest ACS Survey released in 2023, Geraghty Village, MD has a population of 10,500, which has increased by 1.7% over the past 5 years. Geraghty Village, MD is a popular place for families, as children make up 33.1% of the population. The area has a highly educated workforce, with 47.1% 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 | 10,500 | 1.7% |
% Under 18 | 33.1% | -0.9% |
% Seniors | 2.8% | 154.5% |
% WFH | 11.7% | 74.6% |
% w/ College Degree | 47.1% | 12.4% |
As of the latest ACS Survey released in 2023, Geraghty Village, MD is a predominantly white area, with 38.2% of the population identifying as white. The white population has shrunk by 31.7% in the last 5 years. The second most common race or ethnicity in Geraghty Village, MD is black, making up 26.5% of the population. Foreign-born residents account for 9.8% of the population in Geraghty Village, MD, and this percentage has increased by 50.8% 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 | 38.2% | -31.7% |
% Black | 26.5% | 36.6% |
% Hispanic | 16.4% | 45.1% |
% Asian | 8.1% | 68.8% |
% Foreign Born | 9.8% | 50.8% |
Mortgage and Risk — Geraghty Village, MD
According to HUD data as of 2023, there were 154 mortgage originations in Geraghty Village, MD, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Geraghty Village, MD. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 154 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Rentals and Section 8 — Geraghty Village, MD
Geraghty Village, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,080 |
| 2 Bedroom | $1,200 | $1,350 | $2,550 |
| 3 Bedroom | N/A | N/A | $3,280 |
| 4 Bedroom | N/A | N/A | $3,670 |
Affordability — Geraghty Village, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $103,000 |