Housing Insights for ZIP Code 21647 (Mcdaniel, MD)

Housing Summary for ZIP Code 21647

Homeowners

The median home value in ZIP Code 21647 (Mcdaniel, MD) is $401,800. Approximately 72.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 21647 is 2.55 occupants, while owner-occupied units have an aggregate average size of 2.91 bedrooms per housing unit.

Renters

In the 21647 ZIP Code, an estimated 27.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 1.46 occupants, while renters in this Talbot County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21647

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21647.

ZIP 21647 Maryland U.S.
Median Home Value $401,800 $430,752 $361,498
Owner-Occupied Housing Units 72.7% 66.9% 64.0%
Homeowner Vacancy Rate 0.0% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.55 2.75 2.70
Average # of Bedrooms Per Unit 2.91 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 27.3% 33.1% 36.0%
Rental Vacancy Rate 0.0% 6.0% 6.0%
Average Size of Renter-Occupied Unit 1.46 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21647 (Mcdaniel, MD)

The median home value in ZIP Code 21647 is $401,800. That median value is about 28% higher than the median home value of $314,800 in Maryland overall, and is 85% higher than the $217,500 the median home value in the entire U.S. Approximately 43.0% of homes in ZIP Code 21647 are valued $200,000 to $299,999. That is 76% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 119% 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 21647 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 21647

This chart visualizes the breakdown of home values in ZIP Code 21647, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21647 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21647

See the table below for a regional comparison of home values in ZIP Code 21647.

Home Value ZIP 21647 Maryland U.S.
Less than $50,000 0.0% 2.7% 6.9%
$50,000 to $99,999 0.0% 3.7% 12.0%
$100,000 to $149,999 0.0% 6.3% 13.3%
$150,000 to $199,999 6.5% 9.9% 14.0%
$200,000 to $299,999 43.0% 24.4% 19.6%
$300,000 to $499,999 30.1% 32.8% 19.3%
$500,000 to $999,999 20.4% 17.1% 11.4%
$1,000,000 or more 0.0% 3.1% 3.4%

Home Ages in ZIP Code 21647 (Mcdaniel, MD)

Approximately 34.2% of homes in this Mcdaniel, MD region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 21647 is about 124% higher than percentage of homes built in this time period in Maryland overall (15.3% of homes), and is 155% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 23.9% of local homes were built in 2000 to 2009. On the other end of the scale, just 0.0% of homes in this Talbot County ZIP Code were built in 1940 to 1949 in ZIP Code 21647. 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 21647

A detailed regional comparison of home ages in ZIP Code 21647.

Year Built ZIP 21647 Maryland U.S.
2014 or later 0.0% 2.3% 2.5%
2010 to 2013 0.0% 2.6% 2.7%
2000 to 2009 23.9% 11.4% 14.0%
1990 to 1999 16.1% 14.3% 13.9%
1980 to 1989 34.2% 15.3% 13.4%
1970 to 1979 9.0% 14.1% 15.2%
1960 to 1969 4.5% 11.5% 10.6%
1950 to 1959 3.2% 11.4% 10.3%
1940 to 1949 0.0% 5.2% 4.9%
1939 or earlier 9.0% 11.8% 12.6%

Age of Homes in ZIP Code 21647

See the chart below for details on the age of homes in ZIP Code 21647, 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 21647

Frequently asked questions about housing in this Mcdaniel, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21647.

1

What is the average home value ZIP Code 21647?

The median home value in ZIP Code 21647 (Mcdaniel, MD) is $401,800.
2

Are homes expensive in ZIP Code 21647?

The median home value in 21647 ($401,800) is an estimated 28% higher than the aggregate median value of $314,800 in Maryland, and is 85% 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 21647?

The vacacy rate for owner-occupied housing in ZIP Code 21647 is 0.0%. This rate is 100% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21647 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21647 have older homes or newer construction?

In ZIP Code 21647, about 34.2% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 23.9% of homes in the region were built in 2000 to 2009. In contrast, 0.0% of homes in 21647 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 21647? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21647 than renter-occupied housing. Owner-occupied units make up 72.7% of housing, compared to 27.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21647?

The vacacy rate for rental units in ZIP Code 21647 is 0.0%. This rate is 100% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21647 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.