Mardela Springs, MD—21837

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$283,000
2.1% YoY Growth
Median Household Income
$71,700
11.0% 5-Year Growth
Days on Market
27
37.0% Shorter than last year
Home Price Forecast
2.1%
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 — Mardela Springs, MD

As of Aug '25 and according to Realtor.com, the median days on market for a home in Mardela Springs, MD is 27. This is an decrease of -37.0% 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
$289,00044.0%
Listing Count
9N/A
Listings as % of Homes0.5%N/A
Days on Market
27-37.0%
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Demographics — Mardela Springs, MD

MetricLatest CensusYoY % Change
Population
2,980-8.9%
% Under 18
21.0%1.0%
% Under 5N/AN/A
% Seniors
18.6%30.1%
% WFH
4.1%-30.5%
% w/ College Degree
19.0%95.9%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.9%-6.2%
% Black
26.1%15.0%
% Hispanic
6.2%-12.7%
% Asian
0.9%800.0%
% Foreign Born
3.6%56.5%
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Mortgage and Risk — Mardela Springs, 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 Mardela Springs, MD in that year was 68. 60.0% 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 72.0%. Of those, 40.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Mardela Springs, MD. Investor activity in Mardela Springs, MD is low, as 1.0% of all loans are originated by investors. In 2023, 18.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
68N/AN/A
% Conventional Loans
60.0%N/AN/A
% Government Loans
40.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
4.0%N/AN/A
% Cash Out Refinance
18.0%N/AN/A
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Rentals and Section 8 — Mardela Springs, MD

As of 2024, the percent of homes in Mardela Springs, MD under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown 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
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,190
2 BedroomN/AN/A$1,560
3 BedroomN/AN/A$2,060
4 BedroomN/AN/A$2,070

Affordability — Mardela Springs, MD

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.6N/AN/A
Median Home Price$283,000N/AN/A
Median Household Income$71,700N/AN/A

Mardela Springs, MD — ZIP Code Boundary Map

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Nearby ZIP Codes

Hebron, MD

21830

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21861

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21869