Housing Insights for ZIP Code 21227 (Halethorpe, MD)

Housing Summary for ZIP Code 21227

Homeowners

The median home value in ZIP Code 21227 (Halethorpe, MD) is $213,400. Approximately 64.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.6%.

The average occupancy of owner-occupied units in ZIP Code 21227 is 2.66 occupants, while owner-occupied units have an aggregate average size of 2.73 bedrooms per housing unit.

Renters

In the 21227 ZIP Code, an estimated 35.7% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 5.5%.

Among renter-occupied units in this ZIP, the average occupancy is 2.83 occupants, while renters in this Baltimore County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21227

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21227.

ZIP 21227 Maryland U.S.
Median Home Value $213,400 $434,761 $365,011
Owner-Occupied Housing Units 64.3% 66.9% 64.0%
Homeowner Vacancy Rate 0.6% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.66 2.75 2.70
Average # of Bedrooms Per Unit 2.73 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 35.7% 33.1% 36.0%
Rental Vacancy Rate 5.5% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.83 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21227 (Halethorpe, MD)

The median home value in ZIP Code 21227 is $213,400. That median value is about 32% lower than the median home value of $314,800 in Maryland overall, and is 2% lower than the $217,500 the median home value in the entire U.S. An estimated 45.3% of homes in ZIP Code 21227 are valued $200,000 to $299,999. That is 86% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 131% 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 21227 homes fall into is $1,000,000 or more (0.1% of homes).

Home Values in ZIP Code 21227

This chart visualizes the breakdown of home values in ZIP Code 21227, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21227 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21227

See the table below for a regional comparison of home values in ZIP Code 21227.

Home Value ZIP 21227 Maryland U.S.
Less than $50,000 2.2% 2.7% 6.9%
$50,000 to $99,999 6.3% 3.7% 12.0%
$100,000 to $149,999 9.5% 6.3% 13.3%
$150,000 to $199,999 24.5% 9.9% 14.0%
$200,000 to $299,999 45.3% 24.4% 19.6%
$300,000 to $499,999 11.6% 32.8% 19.3%
$500,000 to $999,999 0.5% 17.1% 11.4%
$1,000,000 or more 0.1% 3.1% 3.4%

Home Ages in ZIP Code 21227 (Halethorpe, MD)

Approximately 35.0% of homes in this Halethorpe, MD region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 21227 is about 207% higher than percentage of homes built in this time period in Maryland overall (11.4% of homes), and is 240% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 17.1% of local homes were built in 1939 or earlier. On the other end of the scale, just 0.4% of homes in this Baltimore County ZIP Code were built in 2010 to 2013 in ZIP Code 21227. In comparison, 2.6% of homes in Maryland overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21227

A detailed regional comparison of home ages in ZIP Code 21227.

Year Built ZIP 21227 Maryland U.S.
2014 or later 0.9% 2.3% 2.5%
2010 to 2013 0.4% 2.6% 2.7%
2000 to 2009 1.7% 11.4% 14.0%
1990 to 1999 7.5% 14.3% 13.9%
1980 to 1989 8.3% 15.3% 13.4%
1970 to 1979 6.8% 14.1% 15.2%
1960 to 1969 14.8% 11.5% 10.6%
1950 to 1959 35.0% 11.4% 10.3%
1940 to 1949 7.5% 5.2% 4.9%
1939 or earlier 17.1% 11.8% 12.6%

Age of Homes in ZIP Code 21227

See the chart below for details on the age of homes in ZIP Code 21227, 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 21227

Frequently asked questions about housing in this Halethorpe, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21227.

1

What is the average home value ZIP Code 21227?

The median home value in ZIP Code 21227 (Halethorpe, MD) is $213,400.
2

Are homes expensive in ZIP Code 21227?

The median home value in 21227 ($213,400) is an estimated 32% lower than the aggregate median value of $314,800 in Maryland, and is 2% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 21227?

The vacacy rate for owner-occupied housing in ZIP Code 21227 is 0.6%. This rate is 65% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21227 vacancy rate is 63% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21227 have older homes or newer construction?

In ZIP Code 21227, about 35.0% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 17.1% of homes in the region were built in 1939 or earlier. In contrast, 0.4% of homes in 21227 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 21227? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21227 than renter-occupied housing. Owner-occupied units make up 64.3% of housing, compared to 35.7% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21227?

The vacacy rate for rental units in ZIP Code 21227 is 5.5%. This rate is 8% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21227 vacancy rate is 8% lower than the entire U.S. vacancy rate of 6.0%.