Emmitsburg, MD—21727
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Emmitsburg, MD
As of Oct '25, the median home price in Emmitsburg, MD is $360,000, with a year-over-year change of 4.8%. This indicates that home prices in Emmitsburg, 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 | $360,000 | 4.8% |
| Single Family | $364,000 | 4.6% |
| 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 | $332,000 | 4.1% |
4 Bed | $495,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Emmitsburg, MD
As of July '25, Rentcast reports the average rent in Emmitsburg, MD is $1,650, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Emmitsburg, MD is 1-bedrooms: $950, 2-bedrooms: $1,180, 3-bedrooms: $2,360, 4-bedrooms: $1,800. The most common rental property sizes in Emmitsburg, MD are 2-bedroom and 1-bedroom, accounting for 35.1% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $950 |
| 2 Bed Rent | $1,100 | $1,180 |
| 3 Bed Rent | $2,000 | $2,360 |
| 4 Bed Rent | $1,600 | $1,800 |
% of Rental Stock
Property Listings — Emmitsburg, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Emmitsburg, MD is 31. This is a increase of 55.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | -5.0% |
Listing Count | 8 | -10.0% |
| Listings as % of Homes | 0.2% | -10.0% |
Days on Market | 31 | 55.0% |
Demographics — Emmitsburg, MD
As of the latest ACS Survey released in 2023, Emmitsburg, MD has a population of 6,080, which has decreased by -11.0% over the past 5 years. Emmitsburg, MD is a less popular place for families, as children make up 13.5% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,080 | -11.0% |
% Under 18 | 13.5% | -22.9% |
% Seniors | 17.5% | 18.2% |
% WFH | 18.1% | 60.2% |
% w/ College Degree | 25.4% | -13.6% |
As of the latest ACS Survey released in 2023, Emmitsburg, MD is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Emmitsburg, MD is hispanic, making up 8.9% of the population. Foreign-born residents account for 8.7% of the population in Emmitsburg, MD, and this percentage has increased by 135.1% 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 | 76.8% | -8.1% |
% Black | 8.8% | 31.3% |
% Hispanic | 8.9% | 67.9% |
% Asian | 0.9% | -70.0% |
% Foreign Born | 8.7% | 135.1% |
Mortgage and Risk — Emmitsburg, MD
According to HUD data as of 2023, there were 58 mortgage originations in Emmitsburg, MD, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Emmitsburg, MD. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Emmitsburg, MD
As of 2024, the percent of homes in Emmitsburg, MD under the Section 8 program is 1.3%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Emmitsburg, MD, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $900 | $1,080 |
| 2 Bedroom | $120 | $1,100 | $1,220 |
| 3 Bedroom | -$470 | $2,000 | $1,530 |
| 4 Bedroom | $200 | $1,600 | $1,800 |
Affordability — Emmitsburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $360,000 |
| Median Household Income | $92,700 |