Finksburg, MD—21048
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Finksburg, MD
As of Oct '25, the median home price in Finksburg, MD is $558,000, with a year-over-year change of 3.7%. This indicates that home prices in Finksburg, MD are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $558,000 | 3.7% |
| Single Family | $557,000 | 3.5% |
| 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 | $473,000 | 3.5% |
4 Bed | $686,000 | 4.6% |
| 5 Bed | $861,000 | 3.4% |
% of Housing Stock
Rental Trends — Finksburg, MD
As of July '25, Rentcast reports the average rent in Finksburg, MD is $2,860, with a year-over-year rent change of -48.0%. Per bedroom, the median rent as of July '25 in Finksburg, MD is 2-bedrooms: $1,950, 3-bedrooms: $2,500, 4-bedrooms: $3,450. The most common rental property sizes in Finksburg, MD are 1-bedroom and 2-bedroom, accounting for 33.9% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,850 | $1,950 |
| 3 Bed Rent | $2,300 | $2,500 |
| 4 Bed Rent | $2,700 | $3,450 |
% of Rental Stock
Property Listings — Finksburg, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Finksburg, MD is 34. 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $718,000 | -8.0% |
Listing Count | 27 | 34.0% |
| Listings as % of Homes | 0.5% | 34.0% |
Days on Market | 34 | 8.0% |
Demographics — Finksburg, MD
As of the latest ACS Survey released in 2023, Finksburg, MD has a population of 10,000, which has decreased by -4.4% over the past 5 years. Finksburg, MD is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 43.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | -4.4% |
% Under 18 | 20.7% | -12.3% |
% Seniors | 19.5% | 18.2% |
% WFH | 19.2% | 115.7% |
% w/ College Degree | 43.5% | 10.1% |
As of the latest ACS Survey released in 2023, Finksburg, MD is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Finksburg, MD is asian, making up 4.7% of the population. Foreign-born residents account for 5.6% of the population in Finksburg, MD, and this percentage has increased by 40.0% 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 | 85.9% | -6.6% |
% Black | 3.5% | -7.9% |
% Hispanic | 2.9% | 45.0% |
% Asian | 4.7% | 261.5% |
% Foreign Born | 5.6% | 40.0% |
Mortgage and Risk — Finksburg, MD
According to HUD data as of 2023, there were 248 mortgage originations in Finksburg, MD, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Finksburg, MD. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 248 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Finksburg, MD
Finksburg, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | -$100 | $1,850 | $1,750 |
| 3 Bedroom | -$30 | $2,300 | $2,270 |
| 4 Bedroom | -$130 | $2,700 | $2,570 |
Affordability — Finksburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $558,000 |
| Median Household Income | $123,000 |