Housing Insights for ZIP Code 21561 (Swanton, MD)

Housing Summary for ZIP Code 21561

Homeowners

The median home value in ZIP Code 21561 (Swanton, MD) is $223,100. Approximately 82.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 4.3%.

The average occupancy of owner-occupied units in ZIP Code 21561 is 2.13 occupants, while owner-occupied units have an aggregate average size of 3.15 bedrooms per housing unit.

Renters

In the 21561 ZIP Code, an estimated 17.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 38.6%.

Among renter-occupied units in this ZIP, the average occupancy is 2.53 occupants, while renters in this Garrett County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21561

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21561.

ZIP 21561 Maryland U.S.
Median Home Value $223,100 $430,752 $361,498
Owner-Occupied Housing Units 82.4% 66.9% 64.0%
Homeowner Vacancy Rate 4.3% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.13 2.75 2.70
Average # of Bedrooms Per Unit 3.15 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 17.6% 33.1% 36.0%
Rental Vacancy Rate 38.6% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.53 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21561 (Swanton, MD)

The median home value in ZIP Code 21561 is $223,100. That median value is about 29% lower than the median home value of $314,800 in Maryland overall, and is 3% higher than the $217,500 the median home value in the entire U.S. About 24.0% of homes in ZIP Code 21561 are valued $300,000 to $499,999. That is 27% lower than in the state of Maryland, in which 32.8% of homes are valued at $300,000 to $499,999, and is about 24% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 21561 homes fall into is $1,000,000 or more (4.6% of homes).

Home Values in ZIP Code 21561

This chart visualizes the breakdown of home values in ZIP Code 21561, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21561 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21561

See the table below for a regional comparison of home values in ZIP Code 21561.

Home Value ZIP 21561 Maryland U.S.
Less than $50,000 5.6% 2.7% 6.9%
$50,000 to $99,999 9.4% 3.7% 12.0%
$100,000 to $149,999 9.7% 6.3% 13.3%
$150,000 to $199,999 22.0% 9.9% 14.0%
$200,000 to $299,999 17.2% 24.4% 19.6%
$300,000 to $499,999 24.0% 32.8% 19.3%
$500,000 to $999,999 7.6% 17.1% 11.4%
$1,000,000 or more 4.6% 3.1% 3.4%

Home Ages in ZIP Code 21561 (Swanton, MD)

Approximately 23.3% of homes in this Swanton, MD region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 21561 is about 104% higher than percentage of homes built in this time period in Maryland overall (11.4% of homes), and is 66% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 15.0% of local homes were built in 1970 to 1979. On the other end of the scale, just 1.0% of homes in this Garrett County ZIP Code were built in 2014 or later in ZIP Code 21561. In comparison, 2.3% of homes in Maryland overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21561

A detailed regional comparison of home ages in ZIP Code 21561.

Year Built ZIP 21561 Maryland U.S.
2014 or later 1.0% 2.3% 2.5%
2010 to 2013 2.5% 2.6% 2.7%
2000 to 2009 23.3% 11.4% 14.0%
1990 to 1999 11.6% 14.3% 13.9%
1980 to 1989 14.0% 15.3% 13.4%
1970 to 1979 15.0% 14.1% 15.2%
1960 to 1969 13.3% 11.5% 10.6%
1950 to 1959 10.5% 11.4% 10.3%
1940 to 1949 3.6% 5.2% 4.9%
1939 or earlier 5.1% 11.8% 12.6%

Age of Homes in ZIP Code 21561

See the chart below for details on the age of homes in ZIP Code 21561, 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 21561

Frequently asked questions about housing in this Swanton, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21561.

1

What is the average home value ZIP Code 21561?

The median home value in ZIP Code 21561 (Swanton, MD) is $223,100.
2

Are homes expensive in ZIP Code 21561?

The median home value in 21561 ($223,100) is an estimated 29% lower than the aggregate median value of $314,800 in Maryland, and is 3% 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 21561?

The vacacy rate for owner-occupied housing in ZIP Code 21561 is 4.3%. This rate is 153% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21561 vacancy rate is 169% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21561 have older homes or newer construction?

In ZIP Code 21561, about 23.3% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 15.0% of homes in the region were built in 1970 to 1979. In contrast, 1.0% of homes in 21561 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 21561? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21561 than renter-occupied housing. Owner-occupied units make up 82.4% of housing, compared to 17.6% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21561?

The vacacy rate for rental units in ZIP Code 21561 is 38.6%. This rate is 543% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 21561 vacancy rate is 543% higher than the entire U.S. vacancy rate of 6.0%.