Wye Mills, MD21679

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$667,000
6.0% YoY Growth
Median Household Income
$117,000
23.4% 5-Year Growth
Days on Market
53
63.0% Shorter than last year
Home Price Forecast
1.4%
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

Property Listings — Wye Mills, MD

As of Aug '25 and according to Realtor.com, the median days on market for a home in Wye Mills, MD is 53. This is an decrease of -63.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$709,000103.0%
Listing Count
4N/A
Listings as % of Homes2.1%N/A
Days on Market
53-63.0%
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Demographics — Wye Mills, MD

MetricLatest CensusYoY % Change
Population
33229.2%
% Under 18
12.7%1.6%
% Under 5N/AN/A
% Seniors
46.7%33.4%
% WFH
0.0%-100.0%
% w/ College Degree
58.8%51.9%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
100.0%0.0%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
1.8%∞%
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Mortgage and Risk — Wye Mills, MD

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Wye Mills, MD in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Wye Mills, MD. Investor activity in Wye Mills, MD is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Wye Mills, MD

As of 2024, the percent of homes in Wye Mills, MD under the Section 8 program is Inf%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
∞%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,630
2 BedroomN/AN/A$2,000
3 BedroomN/AN/A$2,600
4 BedroomN/AN/A$2,940

Affordability — Wye Mills, MD

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.9N/AN/A
Median Home Price$667,000N/AN/A
Median Household Income$117,000N/AN/A

Wye Mills, MD — ZIP Code Boundary Map

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