Delmar, MD—21875
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Delmar, MD
As of Nov '25, the median home price in Delmar, MD is $294,000, with a year-over-year change of 1.1%. This indicates that home prices in Delmar, MD are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | 1.1% |
| Single Family | $294,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $219,000 | 3.8% |
3 Bed | $291,000 | 1.4% |
4 Bed | $355,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Delmar, MD
As of July '25, Rentcast reports the average rent in Delmar, MD is $1,800, with a year-over-year rent change of -10.4%. Per bedroom, the median rent as of July '25 in Delmar, MD is 2-bedrooms: $1,220, 3-bedrooms: $1,600, 4-bedrooms: $2,400. The most common rental property sizes in Delmar, MD are 2-bedroom and 1-bedroom, accounting for 39.9% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $990 | $1,220 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Delmar, MD
As of Nov '25, Realtor.com reports that the median days on market for a home in Delmar, MD is 64. This is a increase of 17.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $314,000 | 4.0% |
Listing Count | 24 | 32.0% |
| Listings as % of Homes | 0.5% | 32.0% |
Days on Market | 64 | 17.0% |
Demographics — Delmar, MD
As of the latest ACS Survey released in 2023, Delmar, MD has a population of 7,460, which has increased by 15.4% over the past 5 years. Delmar, MD is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,460 | 15.4% |
% Under 18 | 17.4% | -20.5% |
% Seniors | 16.7% | -8.7% |
% WFH | 6.3% | 75.0% |
% w/ College Degree | 26.7% | 12.7% |
As of the latest ACS Survey released in 2023, Delmar, MD is a predominantly white area, with 63.7% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Delmar, MD is black, making up 19.3% of the population. Foreign-born residents account for 8.8% of the population in Delmar, MD, and this percentage has increased by 12.8% 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 | 63.7% | 0.3% |
% Black | 19.3% | -4.5% |
% Hispanic | 8.9% | -19.8% |
% Asian | 5.5% | 71.9% |
% Foreign Born | 8.8% | 12.8% |
Mortgage and Risk — Delmar, MD
According to HUD data as of 2023, there were 98 mortgage originations in Delmar, MD, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Delmar, MD. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Delmar, MD
Delmar, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | $620 | $990 | $1,610 |
| 3 Bedroom | $530 | $1,600 | $2,130 |
| 4 Bedroom | -$270 | $2,400 | $2,130 |
Affordability — Delmar, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $294,000 |
| Median Household Income | $76,000 |