Sparks Glencoe, MD—21152
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sparks Glencoe, MD
As of Nov '25, the median home price in Sparks Glencoe, MD is $508,000, with a year-over-year change of 2.4%. This indicates that home prices in Sparks Glencoe, 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 | $508,000 | 2.4% |
| Single Family | $577,000 | 2.1% |
| Condos | $277,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $276,000 | 0.0% |
3 Bed | $460,000 | 1.8% |
4 Bed | $533,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sparks Glencoe, MD
As of July '25, Rentcast reports the average rent in Sparks Glencoe, MD is $4,410, with a year-over-year rent change of 11.1%. Per bedroom, the median rent as of July '25 in Sparks Glencoe, MD is 1-bedrooms: $1,350, 3-bedrooms: $4,980, 4-bedrooms: $4,550. The most common rental property sizes in Sparks Glencoe, MD are 2-bedroom and 1-bedroom, accounting for 64.2% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $4,410 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,350 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,300 | $4,980 |
| 4 Bed Rent | $3,000 | $4,550 |
% of Rental Stock
Property Listings — Sparks Glencoe, MD
As of Nov '25, Realtor.com reports that the median days on market for a home in Sparks Glencoe, MD is 40. This is a decrease of -32.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $642,000 | -28.0% |
Listing Count | 21 | 22.0% |
| Listings as % of Homes | 0.6% | 22.0% |
Days on Market | 40 | -32.0% |
Demographics — Sparks Glencoe, MD
As of the latest ACS Survey released in 2023, Sparks Glencoe, MD has a population of 6,400, which has increased by 16.2% over the past 5 years. Sparks Glencoe, MD is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 54.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,400 | 16.2% |
% Under 18 | 20.9% | -14.3% |
% Seniors | 19.2% | 39.1% |
% WFH | 23.8% | 116.4% |
% w/ College Degree | 54.7% | -7.1% |
As of the latest ACS Survey released in 2023, Sparks Glencoe, MD is a predominantly white area, with 83.1% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Sparks Glencoe, MD is black, making up 7.3% of the population. Foreign-born residents account for 7.4% of the population in Sparks Glencoe, MD, and this percentage has increased by 80.5% 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 | 83.1% | -7.4% |
% Black | 7.3% | 69.8% |
% Hispanic | 2.1% | 110.0% |
% Asian | 5.3% | 23.3% |
% Foreign Born | 7.4% | 80.5% |
Mortgage and Risk — Sparks Glencoe, MD
According to HUD data as of 2023, there were 95 mortgage originations in Sparks Glencoe, MD, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Sparks Glencoe, MD. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Sparks Glencoe, MD
Sparks Glencoe, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,350 | $1,670 |
| 2 Bedroom | N/A | N/A | $2,050 |
| 3 Bedroom | -$660 | $3,300 | $2,640 |
| 4 Bedroom | -$50 | $3,000 | $2,950 |
Affordability — Sparks Glencoe, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $508,000 |
| Median Household Income | $120,000 |