Real Estate Investing in Lexington Park, Maryland (20628)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Saint Marys County • Population: 791 • Data updated: September 2026

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Should you buy in 20628 (Lexington Park, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 19.0% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 25.7 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Lexington Park, MD (20628)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $507,243
Avg Monthly Rent $1,647
1% Rule ✗ Does Not Meet
Median Income $111,550
% Renters 7.2%

Market Analysis: 20628 Lexington Park

Investors eyeing 20628 need to respect the fundamentals at play. Home values of $507K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 20628 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

From a cash-flow lens, 20628 offers a low basis, the region around Lexington Park has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Resident income in 20628 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

New investors are better served looking at Lexington Park's stable or hybrid ZIPs before stepping into 20628. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Lexington Park:

C Below Average
Buy Confidence Score: 57/100
Affordability
15/25
Appreciation
14/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+3.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,647/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
California-Lexington Park, MD Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from California-Lexington Park, MD metro data

Market Trends

Home Value History (with trend line)

$524K$485K$447K$408K$370K$331KJul 2006Jul 2016Jul 2026

📊 How Does 20628 Compare?

Metric 20628 Lexington Park California-Lexington Park, MD Maryland
Home Value $507,243 $449,807 N/A $424,997
5-Year CAGR 2.6% 3.4% N/A 4.9%
Avg Rent $1,647 $1,685 N/A -
Cap Rate 2.5% 3.0% - -
💡 Why Invest in 20628? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 20628 (Lexington Park, MD). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.5%
Low
5yr Growth
+2.6%
Slow

📊 Market Snapshot

Home Value $507,243
Monthly Rent $1,647
Price-to-Rent 25.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.5%
5-Year IRR 5.2%

📈 Home Appreciation

1-Year +3.1% ▲
3-Year CAGR +2.2% ▲
5-Year CAGR +2.6% ▲
10-Year CAGR +3.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
19.0%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.6%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 20628

Population: 791

💰 Median Household Income
$111,550
This area
$111,550
State
$107,932
USA
$74,580
🏠 Renter Occupied
7.2%
This area
7.2%
State
23.8%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-20.0%
USA
3.7%
🎓 College Educated
43.2%
This area
43.2%
State
10.6%
USA
33.7%
👤 Median Age
60.4 years
This area
60.4 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
19.0%
This area
19.0%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
White 60.7%
Black/African American 22.8%
Other/Mixed 16.5%
Hispanic/Latino 4.6%
👶 Under 18
15.1%
This area
15.1%
USA
22.0%
👴 65 and Over
24.7%
This area
24.7%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 20628

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

Ridge Elementary

📚 Pre-K – 05 Elementary
📍 49430 Airedale Rd, Ridge
👥
213 Students
👨‍🏫
13.8:1 Class Size
💰
$17,616 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby 19 Off-Campus Students
B
St. Mary's College of Maryland
1,587 students · 5.3 mi

Frequently Asked Questions

How much does a house cost in Lexington Park, MD?

Homes in Lexington Park, MD typically sell near $507K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

Is vacancy a concern in Lexington Park, MD?

Expect elevated vacancy in Lexington Park, MD. Rents at $1,647/mo are absorbed by the tenant base without meaningful lag.

What do landlords charge for rent in Lexington Park, MD?

Expect rents around $1,647/mo per month in Lexington Park, MD. With home values at $507K, the yield math works out to reasonable levels for rental investors.

Does Lexington Park, MD favor landlords or tenants?

Lexington Park, MD operates under MD law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

How strong is the working-renter base in Lexington Park, MD?

The renter base in Lexington Park, MD is reasonable for the $1,647/mo price point. Screening well and pricing to market typically yields measured tenants.

You know 20628 now. You don’t know where it ranks.

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How 20628 ranks in California-Lexington Park, MD

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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