Elkridge, MD 21075 - Real Estate Investment Insights & Performance Data

Welcome to our 21075 real estate data hub, tailored for investors in Elkridge, MD. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 21075 in Elkridge, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HOWARD COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Elkridge, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Elkridge property market.

• Location Overview

  • Zip Code: 21075
  • City: Elkridge
  • State: MD
  • Metro Area: Baltimore-Columbia-Towson, MD
  • County Name: HOWARD COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $446,566
  • Average Home Price (Single Family Homes): $458,254
  • Average Monthly Rental Price (All Types): $2,122
  • Price-to-Rent Ratio: 18
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.5%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $2,080
  • Average 3 Bedroom Section 8 Rental Rates: $2,700
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.89
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.78
  • Number of Units Offered in Section 8 in the County: 1009
  • Number of Occupied Units in Section 8 in the County: 920
  • Percentage of Section 8 Units Occupied in the County: 91.19999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 200.63
  • Total % Appreciation since 2000 (Government Data): 146.73
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.61%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.54%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 19.59%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.76%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 42.94%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 19.09%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 94.62%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.61%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.91%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 21.09%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 24.6%