Real Estate Investing in Adamstown, Maryland (21710)

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

Frederick County • Population: 4,901 • Data updated: September 2026

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Should you buy in 21710 (Adamstown, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

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
  • High price-to-rent: Price-to-rent ratio 30.3 — hard to cash-flow at these prices.

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

What’s happening in Adamstown, MD (21710)?

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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 $667,087
Avg Monthly Rent $1,836
1% Rule ✗ Does Not Meet
Median Income $158,918
% Renters 16.7%

Market Analysis: 21710 Adamstown

ZIP 21710 in Adamstown, MD carries a robust set of headwinds. Home values near $667K and rents of $1,836/mo sit inside a market where underwriting has to be tight.

The 21710 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader MD picture, 21710 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 21710 includes headwinds that any investor should price in. Income distribution skews lower than Adamstown averages, and tenant stability requires active management.

Distressed ZIPs reward experience. substantial returns are possible in 21710, 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 Adamstown:

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 4.2× the median income
Value Trend
Stable (+1.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,836/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.
🏠

Property Strategy for 21710

Which property type performs best in this market?

Best for Cash Flow
3BR
3.6% cap rate
Best for Appreciation
4BR
+6.6% 5yr CAGR
Best Overall Value
3BR
$171,826/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $515,479 $2,570 3.6% +6.5% $171,826
4BR $697,862 $3,030 3.1% +6.6% $174,465

Market Trends

Home Value History (with trend line)

$700K$628K$556K$484K$412K$340KJul 2006Jul 2016Jul 2026

📊 How Does 21710 Compare?

Metric 21710 Adamstown Maryland
Home Value $667,087 $667,087 $424,997
5-Year CAGR 3.7% 3.7% 4.9%
Avg Rent $1,836 $1,836 -
Cap Rate 2.2% 2.2% -
💡 Why Invest in 21710? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 21710 (Adamstown, MD). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+3.7%
Moderate

📊 Market Snapshot

Home Value $667,087
Monthly Rent $1,836
Price-to-Rent 30.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.2%
5-Year IRR 5.8%

📈 Home Appreciation

1-Year +1.0% ▲
3-Year CAGR +2.2% ▲
5-Year CAGR +3.7% ▲
10-Year CAGR +4.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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.

Vacancy
3.4%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.7%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 21710

Population: 4,901

💰 Median Household Income
$158,918
This area
$158,918
State
$107,932
USA
$74,580
🏠 Renter Occupied
16.7%
This area
16.7%
State
23.8%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-20.0%
USA
3.7%
🎓 College Educated
53.3%
This area
53.3%
State
10.6%
USA
33.7%
👤 Median Age
48.3 years
This area
48.3 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
3.4%
This area
3.4%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
White 86.5%
Other/Mixed 5.8%
Black/African American 5.5%
Hispanic/Latino 3.8%
Asian 2.1%
👶 Under 18
18.8%
This area
18.8%
USA
22.0%
👴 65 and Over
23.4%
This area
23.4%
USA
17.3%
📊 Poverty Rate
1.1%
This area
1.1%
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 21710

B+ Avg School Grade
1 Schools
16.9:1 Avg Class Size
$16,833 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Carroll Manor Elementary

📚 Pre-K – 05 Elementary
👥
561 Students
👨‍🏫
16.9:1 Class Size
💰
$16,833 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

3 Nearby 767 Off-Campus Students
C+
The Temple-A Paul Mitchell Partner School
167 students · 8.4 mi
C
Hood College
2,078 students · 8.7 mi
C
Frederick Community College
6,796 students · 10.9 mi

Investor Insight: With 767 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How does Adamstown, MD stack up for property investment?

Adamstown, MD rates 3.0/5 for investability. With median values at $667K and rents near $1,836/mo, the market offers reasonable fundamentals for rental investors.

Where do rents currently stand in Adamstown, MD?

Rents in Adamstown, MD run near $1,836/mo. Compared with median home prices of $667K that produces solid gross yields for typical rentals.

Are there empty rentals in Adamstown, MD?

Expect elevated vacancy in Adamstown, MD. Rents at $1,836/mo are absorbed by the tenant base without meaningful lag.

What is it like being a landlord in Adamstown, MD?

Adamstown, MD operates under MD law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.

Where do home prices stand in Adamstown, MD?

In Adamstown, MD the median home value sits at $667K. Against the broader MD market, that reads as reasonable for most investors.

You know 21710 now. You don’t know where it ranks.

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How 21710 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV

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Cash Flow → Appreciation → Affordable →
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