Real Estate Investing in Pittsville, Maryland (21850)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21850 (Pittsville, MD)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pittsville, MD (21850)?
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Market Analysis: 21850 Pittsville
ZIP 21850 in Pittsville, MD carries a resilient set of headwinds. Home values near $304K and rents of $1,242/mo sit inside a market where underwriting has to be tight.
Rent of $1,242/mo on a $304K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 21850 sits below the stated 0.0% once reality is priced in.
Regionally, 21850 sits on the difficult end of the MD spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 21850 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 21850 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Pittsville:
Market Trends
Home Value History (with trend line)
📊 How Does 21850 Compare?
| Metric | 21850 | Pittsville | Salisbury, MD-DE | Maryland |
|---|---|---|---|---|
| Home Value | $304,307 | $304,307 | N/A | $424,997 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 4.9% |
| Avg Rent | $1,242 | $1,242 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 21850 (Pittsville, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $304,307 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 21850
Population: 3,733
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 21850
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 658 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Pittsville, MD a good place for real estate investing?
With a 3.0/5 investability score, Pittsville, MD ranks as a solid market for rental property investors. Median prices of $304K and rents of $1,242/mo drive the underlying numbers.
Are rents high in Pittsville, MD?
Rental rates in Pittsville, MD average $1,242/mo. Tenant demand and $304K home values make the yield look reasonable by investor standards.
What is the average home sale price in Pittsville, MD?
Pittsville, MD median home values land near $304K. That is reasonable territory for investors looking at $1,242/mo-per-month rentals.
Should investors worry about vacancy in Pittsville, MD?
Vacancy risk in Pittsville, MD is elevated. That supports consistent cash flow for typical rental holds.
Are eviction rules reasonable in Pittsville, MD?
Rental owners in Pittsville, MD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 21850 now. You don’t know where it ranks.
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How 21850 ranks in Salisbury, MD-DE
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