Real Estate Investing in Hurlock, Maryland (21643)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21643 (Hurlock, MD)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hurlock, MD (21643)?
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Market Analysis: 21643 Hurlock
ZIP 21643 inside Dorchester County looks affordable on the surface — median value of $276K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $276K asset, 21643 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within MD, ZIP 21643 trails on several market indicators that neighboring Dorchester County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Employment concentration in 21643 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Hurlock:
Property Strategy for 21643
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $271,378 | $1,720 | 4.6% | +8.1% | $90,459 |
| 4BR | $343,737 | $2,080 | 4.4% | +7.8% | $85,934 |
Market Trends
Home Value History (with trend line)
📊 How Does 21643 Compare?
| Metric | 21643 | Hurlock | Cambridge, MD | Maryland |
|---|---|---|---|---|
| Home Value | $276,071 | $276,071 | N/A | $424,997 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 4.9% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21643 (Hurlock, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $276,071 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 20.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 21643
Population: 5,176
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 21643
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.
Frequently Asked Questions
Should investors worry about vacancy in Hurlock, MD?
Vacancy in Hurlock, MD is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,116/mo.
What kind of tenants rent in Hurlock, MD?
Hurlock, MD offers a stable renter base at the $1,116/mo rent level. Tenant turnover is reasonable for well-managed properties.
What do landlords charge for rent in Hurlock, MD?
Expect rents around $1,116/mo per month in Hurlock, MD. With home values at $276K, the yield math works out to reasonable levels for rental investors.
Is Hurlock, MD a friendly market for rental owners?
For rental operators, Hurlock, MD rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How does Hurlock, MD rate as a rental market?
Hurlock, MD scores 3.0/5 for investability. Home values sit at $276K and rents near $1,116/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 21643 now. You don’t know where it ranks.
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How 21643 ranks in Cambridge, MD
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