Housing Insights for ZIP Code 21613 (Cambridge, MD)

Housing Summary for ZIP Code 21613

Homeowners

The median home value in ZIP Code 21613 (Cambridge, MD) is $203,200. Approximately 55.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.3%.

The average occupancy of owner-occupied units in ZIP Code 21613 is 2.21 occupants, while owner-occupied units have an aggregate average size of 2.75 bedrooms per housing unit.

Renters

In the 21613 ZIP Code, an estimated 44.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.42 occupants, while renters in this Dorchester County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21613

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21613.

ZIP 21613 Maryland U.S.
Median Home Value $203,200 $430,752 $361,498
Owner-Occupied Housing Units 55.4% 66.9% 64.0%
Homeowner Vacancy Rate 2.3% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.21 2.75 2.70
Average # of Bedrooms Per Unit 2.75 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 44.6% 33.1% 36.0%
Rental Vacancy Rate 4.9% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.42 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21613 (Cambridge, MD)

The median home value in ZIP Code 21613 is $203,200. That median value is about 35% lower than the median home value of $314,800 in Maryland overall, and is 7% lower than the $217,500 the median home value in the entire U.S. Approximately 24.9% of homes in ZIP Code 21613 are valued $200,000 to $299,999. That is 2% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 27% 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 21613 homes fall into is $1,000,000 or more (1.6% of homes).

Home Values in ZIP Code 21613

This chart visualizes the breakdown of home values in ZIP Code 21613, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21613 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21613

See the table below for a regional comparison of home values in ZIP Code 21613.

Home Value ZIP 21613 Maryland U.S.
Less than $50,000 4.4% 2.7% 6.9%
$50,000 to $99,999 11.6% 3.7% 12.0%
$100,000 to $149,999 16.0% 6.3% 13.3%
$150,000 to $199,999 16.9% 9.9% 14.0%
$200,000 to $299,999 24.9% 24.4% 19.6%
$300,000 to $499,999 15.2% 32.8% 19.3%
$500,000 to $999,999 9.4% 17.1% 11.4%
$1,000,000 or more 1.6% 3.1% 3.4%

Housing FAQs for ZIP Code 21613

Frequently asked questions about housing in this Cambridge, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21613.

1

What is the average home value ZIP Code 21613?

The median home value in ZIP Code 21613 (Cambridge, MD) is $203,200.
2

Are homes expensive in ZIP Code 21613?

The median home value in 21613 ($203,200) is an estimated 35% lower than the aggregate median value of $314,800 in Maryland, and is 7% 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 21613?

The vacacy rate for owner-occupied housing in ZIP Code 21613 is 2.3%. This rate is 35% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21613 vacancy rate is 44% higher than the entire U.S. vacancy rate of 1.6%.
4

What is the housing breakdown in ZIP Code 21613? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21613 than renter-occupied housing. Owner-occupied units make up 55.4% of housing, compared to 44.6% for renter-occupied units.
5

Are rental vacancy rates high in ZIP Code 21613?

The vacacy rate for rental units in ZIP Code 21613 is 4.9%. This rate is 18% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21613 vacancy rate is 18% lower than the entire U.S. vacancy rate of 6.0%.