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Harwood, MD—20776

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$775,000
2.6% YoY Growth
Household Income
$122,000
33.5% YoY Growth
Days on Market
79
175.0% Longer YoY
Home Price Forecast
0.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Harwood, MD

As of May '26, the median home price in Harwood, MD is $775,000, with a year-over-year change of 2.6%. This indicates that home prices in Harwood, MD are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$775,0002.6%
Single Family $776,0002.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    N/AN/A
    4 Bed
    $876,0002.8%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    3.5%
    2 Bedrooms
    6.7%
    3 Bedrooms
    32.3%
    4 Bedrooms
    43.3%
    5+ Bedrooms
    14.2%

    Rental Trends — Harwood, MD

    Harwood, MD lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    35.5%
    2 Bedrooms
    35.5%
    3 Bedrooms
    29.0%

    Property Listings — Harwood, MD

    As of May '26, Realtor.com reports that the median days on market for a home in Harwood, MD is 79. This is a increase of 175.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $1,010,00031.0%
    Listing Count
    8-12.0%
    Listings as % of Homes0.5%-12.0%
    Days on Market
    79175.0%
    Loading chart...

    Demographics — Harwood, MD

    As of the latest ACS Survey released in 2023, Harwood, MD has a population of 3,350, which has increased by 6.5% over the past 5 years. Harwood, MD is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    3,3506.5%
    % Under 18
    24.7%-4.3%
    % Seniors
    22.0%18.9%
    % WFH
    18.4%607.7%
    % w/ College Degree
    38.3%14.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Harwood, MD is a predominantly white area, with 76.1% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Harwood, MD is black, making up 14.6% of the population. Foreign-born residents account for 3.9% of the population in Harwood, MD, and this percentage has increased by 143.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    76.1%0.8%
    % Black
    14.6%-8.8%
    % Hispanic
    4.6%411.1%
    % Asian
    0.0%N/A
    % Foreign Born
    3.9%143.8%
    Loading chart...

    Mortgage and Risk — Harwood, MD

    According to HUD data as of 2023, there were 68 mortgage originations in Harwood, MD, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Harwood, MD. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    68
    % Conventional Loans
    87.0%
    % Government Loans
    13.0%
    % Investor Loans
    0.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    9.0%
    Loading chart...
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    Rentals and Section 8 — Harwood, MD

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

    Section 8 Market Size

    Total Units under HUD
    1
    Total Units Section 8
    1
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,900
    2 BedroomN/AN/A$2,300
    3 BedroomN/AN/A$2,950
    4 BedroomN/AN/A$3,320

    Affordability — Harwood, MD

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.7
    Median Home Price$775,000
    Median Household Income$122,000

    Harwood, MD — ZIP Code Boundary Map

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    Frequently Asked Questions