Real Estate Investing in Havre de Grace, Maryland (21078)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21078 (Havre de Grace, MD)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Havre de Grace, MD (21078)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 21078 Havre de Grace
The 21078 ZIP covers a section of Havre de Grace that demands careful diligence. Prices near $411K look accessible, but the work to make a deal cash flow is real.
The 21078 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Havre de Grace have seen price recovery that 21078 has not matched. Harford County data supports the view that the spread is structural rather than temporary.
The 21078 ZIP's population of 20,002 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Distressed ZIPs reward experience. sturdy returns are possible in 21078, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Havre de Grace:
Property Strategy for 21078
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $294,040 | $1,770 | 4.3% | +7.1% | $147,020 |
| 3BR | $379,096 | $2,280 | 4.3% | +6.3% | $126,365 |
| 4BR | $476,923 | $2,550 | 3.8% | +5.6% | $119,231 |
| 5BR | $594,740 | — | — | +6.1% | $118,948 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 21078 Compare?
| Metric | 21078 | Havre de Grace | Baltimore-Columbia-Towson, MD | Maryland |
|---|---|---|---|---|
| Home Value | $411,500 | $411,500 | N/A | $424,997 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 4.9% |
| Avg Rent | $1,818 | $1,818 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21078 (Havre de Grace, MD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 21078 (Havre de Grace, MD)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Harford County
Manage rentals here? List your business →MRA Property Management, Inc. serves communities by providing property management services for associations. summary from their website
Chesapeake Property Management, Inc. offers full-service property management and real estate services in the Baltimore Metro Area and specific Maryland counties since 1997. summary from their website
Scott Property Management provides property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $411,500 |
| Monthly Rent | $1,818 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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.
Demographics in 21078
Population: 20,002
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 21078
Schools in This ZIP Code
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
Investor Insight: With 2,388 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Havre de Grace, MD?
Rents in Havre de Grace, MD run near $1,818/mo. Compared with median home prices of $411K that produces solid gross yields for typical rentals.
What is the rental occupancy rate in Havre de Grace, MD?
Havre de Grace, MD vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How does Havre de Grace, MD rate as a rental market?
Havre de Grace, MD scores 3.0/5 for investability. Home values sit at $411K and rents near $1,818/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Havre de Grace, MD landlord-friendly?
MD ranks as a landlord-friendly state for landlord-tenant law. Havre de Grace generally follows the statewide framework, so landlords face reasonable operating rules.
Are renters plentiful in Havre de Grace, MD?
Working renters make up the core of the Havre de Grace, MD tenant base. The pool is reasonable for investors targeting long-term holds.
You know 21078 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 21078 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 21078 ranks in Baltimore-Columbia-Towson, MD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 21078 (Havre de Grace)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 21078 (Havre de Grace, MD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.