Sykesville, MD 21784 - Real Estate Investment Insights & Performance Data

Welcome to our 21784 real estate data hub, tailored for investors in Sykesville, 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 21784 in Sykesville, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CARROLL COUNTY.

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

• Location Overview

  • Zip Code: 21784
  • City: Sykesville
  • State: MD
  • Metro Area: Baltimore-Columbia-Towson, MD
  • County Name: CARROLL COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $505,103
  • Average Home Price (Single Family Homes): $513,072
  • Average Monthly Rental Price (All Types): $1,753
  • Price-to-Rent Ratio: 24
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.6%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,480
  • Average 3 Bedroom Section 8 Rental Rates: $1,920
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 28.44
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 21.92
  • Number of Units Offered in Section 8 in the County: 375
  • Number of Occupied Units in Section 8 in the County: 366
  • Percentage of Section 8 Units Occupied in the County: 97.69999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 197.37
  • Total % Appreciation since 2000 (Government Data): 141.7
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.36%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.17%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 20.87%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.05%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.72%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.69%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 104.34%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.61%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%