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Maryland City CDP, MD

ZIP 20724 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 20724

Median Home Value
$392,500
Median Rent
$2,050
Affordability Snapshot
$108,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,521/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

16.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 20724 in Maryland City CDP, MD, a household would need roughly $108,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,521. That is roughly in line with the local median household income ($109,530). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.8%-9% vs US avg
x
Vacancy Rate
1.8%-82% vs US avg
x
Broadband Access
97.3%+12% vs US avg
x
4+ Bedrooms
3.7%-75% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
3.9%-44% vs US avg
x
Rent Burden >30%
26.5%-47% vs US avg
x
Mortgage-Free
23.0%-40% vs US avg
x
$392,500
Home Value
$2,050
Rent
1992
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached31.3%
  • 1-unit attached36.2%
  • 2-9 units12.5%
  • 10+ units15.5%
  • Mobile home & other4.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$392,500
Median rent$2,050
Owner-occupied59.8%
Vacant1.8%
Price-to-income3.6x
Est. income to buy$108,000