Housing Insights for ZIP Code 20659 (Mechanicsville, MD)

Housing Summary for ZIP Code 20659

Homeowners

The median home value in ZIP Code 20659 (Mechanicsville, MD) is $298,100. Approximately 89.0% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.7%.

The average occupancy of owner-occupied units in ZIP Code 20659 is 2.92 occupants, while owner-occupied units have an aggregate average size of 3.5 bedrooms per housing unit.

Renters

In the 20659 ZIP Code, an estimated 11.0% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 16.4%.

Among renter-occupied units in this ZIP, the average occupancy is 3.07 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 20659

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20659.

ZIP 20659 Maryland U.S.
Median Home Value $298,100 $430,752 $361,498
Owner-Occupied Housing Units 89.0% 66.9% 64.0%
Homeowner Vacancy Rate 0.7% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.92 2.75 2.70
Average # of Bedrooms Per Unit 3.5 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 11.0% 33.1% 36.0%
Rental Vacancy Rate 16.4% 6.0% 6.0%
Average Size of Renter-Occupied Unit 3.07 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 20659 (Mechanicsville, MD)

The median home value in ZIP Code 20659 is $298,100. That median value is about 5% lower than the median home value of $314,800 in Maryland overall, and is 37% higher than the $217,500 the median home value in the entire U.S. Approximately 41.9% of homes in ZIP Code 20659 are valued $200,000 to $299,999. That is 72% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 114% 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 20659 homes fall into is $50,000 to $99,999 (0.5% of homes).

Home Values in ZIP Code 20659

This chart visualizes the breakdown of home values in ZIP Code 20659, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20659 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 20659

See the table below for a regional comparison of home values in ZIP Code 20659.

Home Value ZIP 20659 Maryland U.S.
Less than $50,000 1.3% 2.7% 6.9%
$50,000 to $99,999 0.5% 3.7% 12.0%
$100,000 to $149,999 1.8% 6.3% 13.3%
$150,000 to $199,999 5.6% 9.9% 14.0%
$200,000 to $299,999 41.9% 24.4% 19.6%
$300,000 to $499,999 40.9% 32.8% 19.3%
$500,000 to $999,999 6.6% 17.1% 11.4%
$1,000,000 or more 1.4% 3.1% 3.4%

Home Ages in ZIP Code 20659 (Mechanicsville, MD)

Approximately 24.5% of homes in this Mechanicsville, MD region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 20659 is about 71% higher than percentage of homes built in this time period in Maryland overall (14.3% of homes), and is 76% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 22.3% of local homes were built in 1980 to 1989. On the other end of the scale, just 2.2% of homes in this St. Mary's County ZIP Code were built in 1940 to 1949 in ZIP Code 20659. In comparison, 5.2% of homes in Maryland overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20659

A detailed regional comparison of home ages in ZIP Code 20659.

Year Built ZIP 20659 Maryland U.S.
2014 or later 3.0% 2.3% 2.5%
2010 to 2013 2.7% 2.6% 2.7%
2000 to 2009 14.4% 11.4% 14.0%
1990 to 1999 24.5% 14.3% 13.9%
1980 to 1989 22.3% 15.3% 13.4%
1970 to 1979 19.6% 14.1% 15.2%
1960 to 1969 4.9% 11.5% 10.6%
1950 to 1959 3.1% 11.4% 10.3%
1940 to 1949 2.2% 5.2% 4.9%
1939 or earlier 3.4% 11.8% 12.6%

Age of Homes in ZIP Code 20659

See the chart below for details on the age of homes in ZIP Code 20659, 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 20659

Frequently asked questions about housing in this Mechanicsville, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20659.

1

What is the average home value ZIP Code 20659?

The median home value in ZIP Code 20659 (Mechanicsville, MD) is $298,100.
2

Are homes expensive in ZIP Code 20659?

The median home value in 20659 ($298,100) is an estimated 5% lower than the aggregate median value of $314,800 in Maryland, and is 37% 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 20659?

The vacacy rate for owner-occupied housing in ZIP Code 20659 is 0.7%. This rate is 59% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 20659 vacancy rate is 56% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20659 have older homes or newer construction?

In ZIP Code 20659, about 24.5% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 22.3% of homes in the region were built in 1980 to 1989. In contrast, 2.2% of homes in 20659 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 20659? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20659 than renter-occupied housing. Owner-occupied units make up 89.0% of housing, compared to 11.0% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20659?

The vacacy rate for rental units in ZIP Code 20659 is 16.4%. This rate is 173% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 20659 vacancy rate is 173% higher than the entire U.S. vacancy rate of 6.0%.