Welcome to our 21562 real estate data hub, tailored for investors in Westernport, 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 21562 in Westernport, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ALLEGANY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Westernport, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Westernport property market.
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Location Overview
- Zip Code: 21562
- City: Westernport
- State: MD
- Metro Area: Cumberland, MD-WV
- County Name: ALLEGANY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $69,390
- Average Home Price (Single Family Homes): $69,012
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -1.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $830
- Average 3 Bedroom Section 8 Rental Rates: $1,060
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 6.97
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 5.46
- Number of Units Offered in Section 8 in the County: 944
- Number of Occupied Units in Section 8 in the County: 876
- Percentage of Section 8 Units Occupied in the County: 92.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.01%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.62%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.99%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.28%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.12%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.37%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 121.86%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 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%