Housing Insights for ZIP Code 21788 (Thurmont, MD)

Housing Summary for ZIP Code 21788

Homeowners

The median home value in ZIP Code 21788 (Thurmont, MD) is $256,900. Approximately 78.0% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.9%.

The average occupancy of owner-occupied units in ZIP Code 21788 is 2.54 occupants, while owner-occupied units have an aggregate average size of 3.07 bedrooms per housing unit.

Renters

In the 21788 ZIP Code, an estimated 22.0% 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 2.44 occupants, while renters in this Frederick County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21788

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21788.

ZIP 21788 Maryland U.S.
Median Home Value $256,900 $434,761 $365,011
Owner-Occupied Housing Units 78.0% 66.9% 64.0%
Homeowner Vacancy Rate 0.9% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.54 2.75 2.70
Average # of Bedrooms Per Unit 3.07 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 22.0% 33.1% 36.0%
Rental Vacancy Rate 4.9% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.44 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21788 (Thurmont, MD)

The median home value in ZIP Code 21788 is $256,900. That median value is about 18% lower than the median home value of $314,800 in Maryland overall, and is 18% higher than the $217,500 the median home value in the entire U.S. An estimated 40.2% of homes in ZIP Code 21788 are valued $200,000 to $299,999. That is 65% higher than in the state of Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 105% 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 21788 homes fall into is $1,000,000 or more (0.5% of homes).

Home Values in ZIP Code 21788

This chart visualizes the breakdown of home values in ZIP Code 21788, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21788 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21788

See the table below for a regional comparison of home values in ZIP Code 21788.

Home Value ZIP 21788 Maryland U.S.
Less than $50,000 1.8% 2.7% 6.9%
$50,000 to $99,999 1.4% 3.7% 12.0%
$100,000 to $149,999 4.1% 6.3% 13.3%
$150,000 to $199,999 20.1% 9.9% 14.0%
$200,000 to $299,999 40.2% 24.4% 19.6%
$300,000 to $499,999 27.7% 32.8% 19.3%
$500,000 to $999,999 4.1% 17.1% 11.4%
$1,000,000 or more 0.5% 3.1% 3.4%

Home Ages in ZIP Code 21788 (Thurmont, MD)

Approximately 21.9% of homes in this Thurmont, MD region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 21788 is about 86% higher than percentage of homes built in this time period in Maryland overall (11.8% of homes), and is 74% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 19.2% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.4% of homes in this Frederick County ZIP Code were built in 2010 to 2013 in ZIP Code 21788. 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 21788

A detailed regional comparison of home ages in ZIP Code 21788.

Year Built ZIP 21788 Maryland U.S.
2014 or later 0.4% 2.3% 2.5%
2010 to 2013 0.4% 2.6% 2.7%
2000 to 2009 10.3% 11.4% 14.0%
1990 to 1999 19.2% 14.3% 13.9%
1980 to 1989 10.8% 15.3% 13.4%
1970 to 1979 12.4% 14.1% 15.2%
1960 to 1969 9.2% 11.5% 10.6%
1950 to 1959 8.7% 11.4% 10.3%
1940 to 1949 6.7% 5.2% 4.9%
1939 or earlier 21.9% 11.8% 12.6%

Age of Homes in ZIP Code 21788

See the chart below for details on the age of homes in ZIP Code 21788, 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 21788

Frequently asked questions about housing in this Thurmont, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21788.

1

What is the average home value ZIP Code 21788?

The median home value in ZIP Code 21788 (Thurmont, MD) is $256,900.
2

Are homes expensive in ZIP Code 21788?

The median home value in 21788 ($256,900) is an estimated 18% lower than the aggregate median value of $314,800 in Maryland, and is 18% 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 21788?

The vacacy rate for owner-occupied housing in ZIP Code 21788 is 0.9%. This rate is 47% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21788 vacancy rate is 44% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21788 have older homes or newer construction?

In ZIP Code 21788, about 21.9% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 19.2% of homes in the region were built in 1990 to 1999. In contrast, 0.4% of homes in 21788 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 21788? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21788 than renter-occupied housing. Owner-occupied units make up 78.0% of housing, compared to 22.0% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21788?

The vacacy rate for rental units in ZIP Code 21788 is 4.9%. This rate is 18% lower than the overall Maryland vacancy rate of 6.0%. Additionally, the 21788 vacancy rate is 18% lower than the entire U.S. vacancy rate of 6.0%.