Joppa, MD—21085
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Joppa, MD
As of Oct '25, the median home price in Joppa, MD is $362,000, with a year-over-year change of 1.2%. This indicates that home prices in Joppa, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $362,000 | 1.2% |
| Single Family | $367,000 | 0.8% |
| Condos | $283,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 1.1% |
3 Bed | $345,000 | 0.9% |
4 Bed | $429,000 | 0.5% |
| 5 Bed | $521,000 | 0.6% |
% of Housing Stock
Rental Trends — Joppa, MD
As of July '25, Rentcast reports the average rent in Joppa, MD is $2,630, with a year-over-year rent change of 16.4%. Per bedroom, the median rent as of July '25 in Joppa, MD is 1-bedrooms: $1,060, 2-bedrooms: $2,050, 3-bedrooms: $2,630, 4-bedrooms: $3,010. The most common rental property sizes in Joppa, MD are 2-bedroom and 3-bedroom, accounting for 37.6% and 37.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,060 | $1,060 |
| 2 Bed Rent | $1,800 | $2,050 |
| 3 Bed Rent | $2,600 | $2,630 |
| 4 Bed Rent | $3,100 | $3,010 |
% of Rental Stock
Property Listings — Joppa, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Joppa, MD is 50. This is a increase of 47.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $401,000 | 0.0% |
Listing Count | 82 | 15.0% |
| Listings as % of Homes | 0.4% | 15.0% |
Days on Market | 50 | 47.0% |
Demographics — Joppa, MD
As of the latest ACS Survey released in 2023, Joppa, MD has a population of 16,500, which has increased by 2.1% over the past 5 years. Joppa, MD is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,500 | 2.1% |
% Under 18 | 18.5% | -9.3% |
% Seniors | 19.5% | 9.6% |
% WFH | 10.4% | 147.6% |
% w/ College Degree | 31.0% | -1.6% |
As of the latest ACS Survey released in 2023, Joppa, MD is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Joppa, MD is black, making up 16.2% of the population. Foreign-born residents account for 3.5% of the population in Joppa, MD, and this percentage has decreased by 25.5% 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 | 75.0% | -4.5% |
% Black | 16.2% | 25.6% |
% Hispanic | 4.1% | -25.5% |
% Asian | 1.0% | -41.2% |
% Foreign Born | 3.5% | -25.5% |
Mortgage and Risk — Joppa, MD
According to HUD data as of 2023, there were 359 mortgage originations in Joppa, MD, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Joppa, MD. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 359 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Joppa, MD
As of 2024, the percent of homes in Joppa, MD under the Section 8 program is 8.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Joppa, MD, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 108 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 80.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $1,060 | $1,510 |
| 2 Bedroom | $50 | $1,800 | $1,850 |
| 3 Bedroom | -$220 | $2,600 | $2,380 |
| 4 Bedroom | -$440 | $3,100 | $2,660 |
Affordability — Joppa, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $362,000 |
| Median Household Income | $108,000 |