Welcome to our 20603 real estate data hub, tailored for investors in Waldorf, 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 20603 in Waldorf, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CHARLES COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Waldorf, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Waldorf property market.
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Location Overview
- Zip Code: 20603
- City: Waldorf
- State: MD
- Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
- County Name: CHARLES COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $460,342
- Average Home Price (Single Family Homes): $462,097
- Average Monthly Rental Price (All Types): $1,972
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: -0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,920
- Average 3 Bedroom Section 8 Rental Rates: $2,400
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.98
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.98
- Number of Units Offered in Section 8 in the County: 448
- Number of Occupied Units in Section 8 in the County: 427
- Percentage of Section 8 Units Occupied in the County: 95.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 143.6
- Total % Appreciation since 2000 (Government Data): 127.82
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.41%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 1.6%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.28%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.35%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.19%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 13.2%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 90.98%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.71%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.16%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 27.04%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 31.27%