Housing Insights for ZIP Code 20634 (Great Mills, MD)

Housing Summary for ZIP Code 20634

Homeowners

The median home value in ZIP Code 20634 (Great Mills, MD) is $243,000. Approximately 59.8% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 20634 is 2.67 occupants, while owner-occupied units have an aggregate average size of 3.18 bedrooms per housing unit.

Renters

In the 20634 ZIP Code, an estimated 40.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.58 occupants, while renters in this St. Mary's County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 20634

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20634.

ZIP 20634 Maryland U.S.
Median Home Value $243,000 $430,752 $361,498
Owner-Occupied Housing Units 59.8% 66.9% 64.0%
Homeowner Vacancy Rate 0.0% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.67 2.75 2.70
Average # of Bedrooms Per Unit 3.18 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 40.2% 33.1% 36.0%
Rental Vacancy Rate 0.0% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.58 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 20634 (Great Mills, MD)

The median home value in ZIP Code 20634 is $243,000. That median value is about 23% lower than the median home value of $314,800 in Maryland overall, and is 12% higher than the $217,500 the median home value in the entire U.S. Approximately 48.8% of homes in ZIP Code 20634 are valued $200,000 to $299,999. That is 100% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 149% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 20634 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 20634

This chart visualizes the breakdown of home values in ZIP Code 20634, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20634 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20634

See the table below for a regional comparison of home values in ZIP Code 20634.

Home Value ZIP 20634 Maryland U.S.
Less than $50,000 1.1% 2.7% 6.9%
$50,000 to $99,999 3.8% 3.7% 12.0%
$100,000 to $149,999 9.3% 6.3% 13.3%
$150,000 to $199,999 14.3% 9.9% 14.0%
$200,000 to $299,999 48.8% 24.4% 19.6%
$300,000 to $499,999 22.8% 32.8% 19.3%
$500,000 to $999,999 0.0% 17.1% 11.4%
$1,000,000 or more 0.0% 3.1% 3.4%

Home Ages in ZIP Code 20634 (Great Mills, MD)

Approximately 33.9% of homes in this Great Mills, MD region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 20634 is about 137% higher than percentage of homes built in this time period in Maryland overall (14.3% of homes), and is 144% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 23.0% of local homes were built in 2000 to 2009. On the other end of the scale, just 0.5% of homes in this St. Mary's County ZIP Code were built in 1950 to 1959 in ZIP Code 20634. In comparison, 11.4% of homes in Maryland overall were built in 1950 to 1959, while 10.3% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20634

A detailed regional comparison of home ages in ZIP Code 20634.

Year Built ZIP 20634 Maryland U.S.
2014 or later 1.3% 2.3% 2.5%
2010 to 2013 2.0% 2.6% 2.7%
2000 to 2009 23.0% 11.4% 14.0%
1990 to 1999 33.9% 14.3% 13.9%
1980 to 1989 13.5% 15.3% 13.4%
1970 to 1979 15.2% 14.1% 15.2%
1960 to 1969 6.6% 11.5% 10.6%
1950 to 1959 0.5% 11.4% 10.3%
1940 to 1949 1.6% 5.2% 4.9%
1939 or earlier 2.1% 11.8% 12.6%

Age of Homes in ZIP Code 20634

See the chart below for details on the age of homes in ZIP Code 20634, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 20634

Frequently asked questions about housing in this Great Mills, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20634.

1

What is the average home value ZIP Code 20634?

The median home value in ZIP Code 20634 (Great Mills, MD) is $243,000.
2

Are homes expensive in ZIP Code 20634?

The median home value in 20634 ($243,000) is an estimated 23% lower than the aggregate median value of $314,800 in Maryland, and is 12% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 20634?

The vacacy rate for owner-occupied housing in ZIP Code 20634 is 0.0%. This rate is 100% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 20634 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20634 have older homes or newer construction?

In ZIP Code 20634, about 33.9% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 23.0% of homes in the region were built in 2000 to 2009. In contrast, 0.5% of homes in 20634 were built in 1950 to 1959.
5

What is the housing breakdown in ZIP Code 20634? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20634 than renter-occupied housing. Owner-occupied units make up 59.8% of housing, compared to 40.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20634?

The vacacy rate for rental units in ZIP Code 20634 is 0.0%. This rate is 100% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 20634 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.