Housing Insights for ZIP Code 21651 (Millington, MD)

Housing Summary for ZIP Code 21651

Homeowners

The median home value in ZIP Code 21651 (Millington, MD) is $222,500. Approximately 75.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.3%.

The average occupancy of owner-occupied units in ZIP Code 21651 is 2.57 occupants, while owner-occupied units have an aggregate average size of 3.05 bedrooms per housing unit.

Renters

In the 21651 ZIP Code, an estimated 24.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.15 occupants, while renters in this Kent County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21651

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21651.

ZIP 21651 Maryland U.S.
Median Home Value $222,500 $430,752 $361,498
Owner-Occupied Housing Units 75.7% 66.9% 64.0%
Homeowner Vacancy Rate 3.3% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.57 2.75 2.70
Average # of Bedrooms Per Unit 3.05 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 24.3% 33.1% 36.0%
Rental Vacancy Rate 4.0% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.15 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21651 (Millington, MD)

The median home value in ZIP Code 21651 is $222,500. That median value is about 29% lower than the median home value of $314,800 in Maryland overall, and is 2% higher than the $217,500 the median home value in the entire U.S. Approximately 34.0% of homes in ZIP Code 21651 are valued $200,000 to $299,999. That is 39% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 73% 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 21651 homes fall into is $500,000 to $999,999 (0.2% of homes).

Home Values in ZIP Code 21651

This chart visualizes the breakdown of home values in ZIP Code 21651, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21651 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21651

See the table below for a regional comparison of home values in ZIP Code 21651.

Home Value ZIP 21651 Maryland U.S.
Less than $50,000 3.2% 2.7% 6.9%
$50,000 to $99,999 5.1% 3.7% 12.0%
$100,000 to $149,999 10.3% 6.3% 13.3%
$150,000 to $199,999 20.2% 9.9% 14.0%
$200,000 to $299,999 34.0% 24.4% 19.6%
$300,000 to $499,999 17.4% 32.8% 19.3%
$500,000 to $999,999 0.2% 17.1% 11.4%
$1,000,000 or more 9.7% 3.1% 3.4%

Home Ages in ZIP Code 21651 (Millington, MD)

Approximately 16.3% of homes in this Millington, MD region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 21651 is about 43% higher than percentage of homes built in this time period in Maryland overall (11.4% of homes), and is 16% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 16.1% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.0% of homes in this Kent County ZIP Code were built in 2014 or later in ZIP Code 21651. 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 21651

A detailed regional comparison of home ages in ZIP Code 21651.

Year Built ZIP 21651 Maryland U.S.
2014 or later 0.0% 2.3% 2.5%
2010 to 2013 0.3% 2.6% 2.7%
2000 to 2009 16.3% 11.4% 14.0%
1990 to 1999 13.0% 14.3% 13.9%
1980 to 1989 16.0% 15.3% 13.4%
1970 to 1979 16.1% 14.1% 15.2%
1960 to 1969 10.1% 11.5% 10.6%
1950 to 1959 8.5% 11.4% 10.3%
1940 to 1949 6.3% 5.2% 4.9%
1939 or earlier 13.5% 11.8% 12.6%

Age of Homes in ZIP Code 21651

See the chart below for details on the age of homes in ZIP Code 21651, 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 21651

Frequently asked questions about housing in this Millington, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21651.

1

What is the average home value ZIP Code 21651?

The median home value in ZIP Code 21651 (Millington, MD) is $222,500.
2

Are homes expensive in ZIP Code 21651?

The median home value in 21651 ($222,500) is an estimated 29% lower than the aggregate median value of $314,800 in Maryland, and is 2% 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 21651?

The vacacy rate for owner-occupied housing in ZIP Code 21651 is 3.3%. This rate is 94% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21651 vacancy rate is 106% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21651 have older homes or newer construction?

In ZIP Code 21651, about 16.3% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 16.1% of homes in the region were built in 1970 to 1979. In contrast, 0.0% of homes in 21651 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 21651? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21651 than renter-occupied housing. Owner-occupied units make up 75.7% of housing, compared to 24.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21651?

The vacacy rate for rental units in ZIP Code 21651 is 4.0%. This rate is 33% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21651 vacancy rate is 33% lower than the entire U.S. vacancy rate of 6.0%.