Real Estate Investing in Grantsville, Maryland (21536)

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

Garrett County • Population: 3,829 • Data updated: September 2026

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Should you buy in 21536 (Grantsville, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • Elevated vacancy: 11.6% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Grantsville, MD (21536)?

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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 $247,482
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $60,455
% Renters 23.8%

Market Analysis: 21536 Grantsville

The 21536 ZIP covers a section of Grantsville that demands careful diligence. Prices near $247K look accessible, but the work to make a deal cash flow is real.

Stepping back, the numbers look inviting — $247K purchase price, 0.0% nominal cap — the work to hit that pro forma in 21536 is substantial and deserves full respect.

Statewide comparisons place 21536 among MD's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Who lives in 21536 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Distressed ZIPs reward experience. resilient returns are possible in 21536, but they flow to investors who already understand how to operate in soft markets.

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 Grantsville:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+5.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$259K$231K$203K$175K$147K$119KJul 2006Jul 2016Jul 2026

📊 How Does 21536 Compare?

Metric 21536 Grantsville Maryland
Home Value $247,482 $247,482 $424,997
5-Year CAGR 4.4% 4.4% 4.9%
Avg Rent $873 $873 -
Cap Rate 2.8% 2.8% -
💡 Why Invest in 21536? 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 21536 (Grantsville, MD). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+4.4%
Moderate

📊 Market Snapshot

Home Value $247,482
Monthly Rent $873
Price-to-Rent 23.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.8%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +5.8% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +4.4% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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
11.6%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.4%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 21536

Population: 3,829

💰 Median Household Income
$60,455
This area
$60,455
State
$107,932
USA
$74,580
🏠 Renter Occupied
23.8%
This area
23.8%
State
23.8%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-20.0%
USA
3.7%
🎓 College Educated
18.1%
This area
18.1%
State
10.6%
USA
33.7%
👤 Median Age
44.5 years
This area
44.5 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
11.6%
This area
11.6%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
White 99.0%
Asian 0.4%
Black/African American 0.3%
Other/Mixed 0.3%
Hispanic/Latino 0.2%
👶 Under 18
20.8%
This area
20.8%
USA
22.0%
👴 65 and Over
21.0%
This area
21.0%
USA
17.3%
📊 Poverty Rate
14.1%
This area
14.1%
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 21536

A+ Avg School Grade
1 Schools
11.2:1 Avg Class Size
$30,061 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Grantsville Elementary

📚 Pre-K – 05 Elementary
👥
187 Students
👨‍🏫
11.2:1 Class Size
💰
$30,061 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

2 Nearby 109 Off-Campus Students
C
Garrett College
701 students · 11.4 mi
C+
Frostburg State University
4,075 students · 12.5 mi

Frequently Asked Questions

Are there empty rentals in Grantsville, MD?

Vacancy in Grantsville, MD is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.

What is the typical home price in Grantsville, MD?

Homes in Grantsville, MD typically sell near $247K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.

Which investment style suits Grantsville, MD?

A careful cash-flow rentals with hands-on management strategy Grantsville, MD best. The market produces even-keeled results for that approach at the $247K price point.

How do landlord-tenant laws work in Grantsville, MD?

MD law landlord-friendly for landlords, and Grantsville inherits those rules. Investors should still review local ordinances for rental licensing.

Are rents high in Grantsville, MD?

Grantsville, MD rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $247K acquisition costs.

You know 21536 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 21536 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.

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