Real Estate Investing in Maugansville, Maryland (21767)

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

Washington County • Population: 914 • Data updated: September 2026

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Should you buy in 21767 (Maugansville, MD)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (51/100)

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
1 flag
  • Elevated vacancy: 9.1% vacancy may signal weakening demand.

• 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 Maugansville, MD (21767)?

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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 $281,676
Avg Monthly Rent $1,008
1% Rule ✗ Does Not Meet
Median Income $44,531
% Renters 42.0%

Market Analysis: 21767 Maugansville

Looking more closely, ZIP 21767 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $282K median. It rewards specialists, not generalists.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 21767 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Statewide comparisons place 21767 among MD's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 21767 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 21767 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Maugansville:

C Below Average
Buy Confidence Score: 53/100
Affordability
5/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.3× the median income
Value Trend
Stable (+0.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,008/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$298K$265K$232K$198K$165K$132KJul 2006Jul 2016Jul 2026

📊 How Does 21767 Compare?

Metric 21767 Maugansville Maryland
Home Value $281,676 $281,676 $424,997
5-Year CAGR 4.3% 4.3% 4.9%
Avg Rent $1,008 $1,008 -
Cap Rate 2.8% 2.8% -
💡 Why Invest in 21767? Click to expand

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

A healthy rental market with 42% renter-occupied households ensures tenant availability.

📊 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 21767 (Maugansville, MD). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+4.3%
Moderate

📊 Market Snapshot

Home Value $281,676
Monthly Rent $1,008
Price-to-Rent 23.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 7.1%

📈 Home Appreciation

1-Year +0.9% ▲
3-Year CAGR +3.7% ▲
5-Year CAGR +4.3% ▲
10-Year CAGR +5.5% ▲

🏠 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
9.1%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.3%
Stable
Eviction process: Moderate Rent control: Moderate

Demographics in 21767

Population: 914

💰 Median Household Income
$44,531
This area
$44,531
State
$107,932
USA
$74,580
🏠 Renter Occupied
42.0%
This area
42.0%
State
23.8%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-20.0%
USA
3.7%
🎓 College Educated
9.5%
This area
9.5%
State
10.6%
USA
33.7%
👤 Median Age
48.4 years
This area
48.4 years
State
1.9 years
USA
38.9 years
🏚️ Vacancy Rate
9.1%
This area
9.1%
State
11.4%
USA
10.5%
👥 Population by Ethnicity
White 95.1%
Other/Mixed 4.4%
Hispanic/Latino 3.1%
Black/African American 0.6%
👶 Under 18
21.4%
This area
21.4%
USA
22.0%
👴 65 and Over
26.5%
This area
26.5%
USA
17.3%
📊 Poverty Rate
9.5%
This area
9.5%
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 21767

A Avg School Grade
1 Schools
15.0:1 Avg Class Size
$17,101 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Maugansville Elementary

📚 Pre-K – 05 Elementary
👥
705 Students
👨‍🏫
15.0:1 Class Size
💰
$17,101 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

4 Nearby 1,415 Off-Campus Students
D
Award Beauty School
132 students · 4.2 mi
C
Hagerstown Community College
5,433 students · 6.2 mi
D
Franklin County Career and Technology Center
51 students · 14.3 mi
C
Pennsylvania State University-Penn State Mont Alto
588 students · 14.8 mi

Investor Insight: With 1,415 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What price range are homes in Maugansville, MD?

Homes in Maugansville, MD typically sell near $282K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

What is the typical rental rate in Maugansville, MD?

Expect rents around $1,008/mo per month in Maugansville, MD. With home values at $282K, the yield math works out to reasonable levels for rental investors.

How strict are landlord regulations in Maugansville, MD?

For rental operators, Maugansville, MD rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

What approach is best for Maugansville, MD real estate?

For Maugansville, MD, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

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

Maugansville, MD offers a reliable renter base at the $1,008/mo rent level. Tenant turnover is reasonable for well-managed properties.

You know 21767 now. You don’t know where it ranks.

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How 21767 ranks in Hagerstown-Martinsburg, MD-WV

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