Housing Insights for ZIP Code 21632 (Federalsburg, MD)

Housing Summary for ZIP Code 21632

Homeowners

The median home value in ZIP Code 21632 (Federalsburg, MD) is $157,200. Approximately 61.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.5%.

The average occupancy of owner-occupied units in ZIP Code 21632 is 2.64 occupants, while owner-occupied units have an aggregate average size of 2.74 bedrooms per housing unit.

Renters

In the 21632 ZIP Code, an estimated 38.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.5%.

Among renter-occupied units in this ZIP, the average occupancy is 2.48 occupants, while renters in this Caroline County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21632

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21632.

ZIP 21632 Maryland U.S.
Median Home Value $157,200 $430,752 $361,498
Owner-Occupied Housing Units 61.4% 66.9% 64.0%
Homeowner Vacancy Rate 1.5% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.64 2.75 2.70
Average # of Bedrooms Per Unit 2.74 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 38.6% 33.1% 36.0%
Rental Vacancy Rate 4.5% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.48 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21632 (Federalsburg, MD)

The median home value in ZIP Code 21632 is $157,200. That median value is about 50% lower than the median home value of $314,800 in Maryland overall, and is 28% lower than the $217,500 the median home value in the entire U.S. Approximately 24.9% of homes in ZIP Code 21632 are valued $100,000 to $149,999. That is 295% higher than in Maryland, in which 6.3% of homes are valued at $100,000 to $149,999, and is about 87% higher than in the U.S. overall (13.3% of homes valued at $100,000 to $149,999). The home value range that the smallest portion of ZIP Code 21632 homes fall into is $1,000,000 or more (0.8% of homes).

Home Values in ZIP Code 21632

This chart visualizes the breakdown of home values in ZIP Code 21632, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21632 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21632

See the table below for a regional comparison of home values in ZIP Code 21632.

Home Value ZIP 21632 Maryland U.S.
Less than $50,000 4.6% 2.7% 6.9%
$50,000 to $99,999 16.2% 3.7% 12.0%
$100,000 to $149,999 24.9% 6.3% 13.3%
$150,000 to $199,999 19.7% 9.9% 14.0%
$200,000 to $299,999 15.9% 24.4% 19.6%
$300,000 to $499,999 12.3% 32.8% 19.3%
$500,000 to $999,999 5.6% 17.1% 11.4%
$1,000,000 or more 0.8% 3.1% 3.4%

Home Ages in ZIP Code 21632 (Federalsburg, MD)

Approximately 21.5% of homes in this Federalsburg, MD region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 21632 is about 82% higher than percentage of homes built in this time period in Maryland overall (11.8% of homes), and is 71% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 15.7% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.2% of homes in this Caroline County ZIP Code were built in 2010 to 2013 in ZIP Code 21632. 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 21632

A detailed regional comparison of home ages in ZIP Code 21632.

Year Built ZIP 21632 Maryland U.S.
2014 or later 0.4% 2.3% 2.5%
2010 to 2013 0.2% 2.6% 2.7%
2000 to 2009 8.2% 11.4% 14.0%
1990 to 1999 15.0% 14.3% 13.9%
1980 to 1989 15.7% 15.3% 13.4%
1970 to 1979 13.8% 14.1% 15.2%
1960 to 1969 8.5% 11.5% 10.6%
1950 to 1959 12.0% 11.4% 10.3%
1940 to 1949 4.7% 5.2% 4.9%
1939 or earlier 21.5% 11.8% 12.6%

Age of Homes in ZIP Code 21632

See the chart below for details on the age of homes in ZIP Code 21632, 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 21632

Frequently asked questions about housing in this Federalsburg, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21632.

1

What is the average home value ZIP Code 21632?

The median home value in ZIP Code 21632 (Federalsburg, MD) is $157,200.
2

Are homes expensive in ZIP Code 21632?

The median home value in 21632 ($157,200) is an estimated 50% lower than the aggregate median value of $314,800 in Maryland, and is 28% 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 21632?

The vacacy rate for owner-occupied housing in ZIP Code 21632 is 1.5%. This rate is 12% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21632 vacancy rate is 6% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21632 have older homes or newer construction?

In ZIP Code 21632, about 21.5% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 15.7% of homes in the region were built in 1980 to 1989. In contrast, 0.2% of homes in 21632 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 21632? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21632 than renter-occupied housing. Owner-occupied units make up 61.4% of housing, compared to 38.6% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21632?

The vacacy rate for rental units in ZIP Code 21632 is 4.5%. This rate is 25% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21632 vacancy rate is 25% lower than the entire U.S. vacancy rate of 6.0%.