Smithsburg, MD—21783
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithsburg, MD
As of Nov '25, the median home price in Smithsburg, MD is $363,000, with a year-over-year change of 4.0%. This indicates that home prices in Smithsburg, MD are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 4.0% |
| Single Family | $365,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $279,000 | 4.5% |
3 Bed | $348,000 | 3.9% |
4 Bed | $417,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smithsburg, MD
As of July '25, Rentcast reports the average rent in Smithsburg, MD is $1,040, with a year-over-year rent change of -35.0%. Per bedroom, the median rent as of July '25 in Smithsburg, MD is 1-bedrooms: $875, 2-bedrooms: $1,200. The most common rental property sizes in Smithsburg, MD are 2-bedroom and 3-bedroom, accounting for 46.7% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $875 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Smithsburg, MD
As of Nov '25, Realtor.com reports that the median days on market for a home in Smithsburg, MD is 46. This is a increase of 93.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 1.0% |
Listing Count | 20 | 17.0% |
| Listings as % of Homes | 0.6% | 17.0% |
Days on Market | 46 | 93.0% |
Demographics — Smithsburg, MD
As of the latest ACS Survey released in 2023, Smithsburg, MD has a population of 9,880, which has increased by 9.5% over the past 5 years. Smithsburg, MD is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,880 | 9.5% |
% Under 18 | 21.6% | -14.6% |
% Seniors | 17.2% | 4.9% |
% WFH | 10.5% | 150.0% |
% w/ College Degree | 21.3% | -15.8% |
As of the latest ACS Survey released in 2023, Smithsburg, MD is a predominantly white area, with 93.3% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Smithsburg, MD is hispanic, making up 2.0% of the population. Foreign-born residents account for 2.1% of the population in Smithsburg, MD, and this percentage has decreased by 27.6% 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 | 93.3% | 1.0% |
% Black | 1.6% | -5.9% |
% Hispanic | 2.0% | -47.4% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 2.1% | -27.6% |
Mortgage and Risk — Smithsburg, MD
According to HUD data as of 2023, there were 93 mortgage originations in Smithsburg, MD, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Smithsburg, MD. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Rentals and Section 8 — Smithsburg, MD
Smithsburg, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 81.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $165 | $875 | $1,040 |
| 2 Bedroom | $140 | $1,200 | $1,340 |
| 3 Bedroom | N/A | N/A | $1,820 |
| 4 Bedroom | N/A | N/A | $2,040 |
Affordability — Smithsburg, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $363,000 |
| Median Household Income | $96,100 |