Welcome to our 21122 real estate data hub, tailored for investors in Pasadena, 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 21122 in Pasadena, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ANNE ARUNDEL COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Pasadena, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Pasadena property market.
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Location Overview
- Zip Code: 21122
- City: Pasadena
- State: MD
- Metro Area: Baltimore-Columbia-Towson, MD
- County Name: ANNE ARUNDEL COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $407,120
- Average Home Price (Single Family Homes): $411,436
- Average Monthly Rental Price (All Types): $2,214
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: -1.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,970
- Average 3 Bedroom Section 8 Rental Rates: $2,560
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.22
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.25
- Number of Units Offered in Section 8 in the County: 2183
- Number of Occupied Units in Section 8 in the County: 2020
- Percentage of Section 8 Units Occupied in the County: 92.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 203.92
- Total % Appreciation since 2000 (Government Data): 143.24
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.3%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.41%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 19.56%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.97%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.96%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.22%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 109.28%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.75%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.4%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%