21405Herald Harbor, MD Housing Market
$1.85Mmedian sale price
The 21405 zip code, located in Herald Harbor, MD, is currently classified as a balanced market. The median sale price stands at $1.85M, representing a +21.3% change year over year.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 21405 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
—
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
Market trends
Market analysis for 21405
The 21405 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 21405 have increased +21.3% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 21405 stands at $1.49M, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
383
Median income
$150,208/yr
Median age
59 years
Owner-occupied
100.0%
College grads
78.5%
Living in 21405
Zip code 21405 is home to approximately 383 residents. The median household income is $150,208 per year, which shapes the types of homes and amenities available in the area. With a median age of 59 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 100.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 78.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 21405.
Frequently asked questions about 21405
What is the median home price in 21405?
The current median sale price in 21405 is $1.85M, based on recent Redfin transaction data. Prices have changed +21.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 21405 a buyer's or seller's market?
The 21405 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 21405?
Zip code 21405 has a population of approximately 383 residents. The median household income is $150,208 per year. About 100.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 21405?
Properties Incorporated provides comprehensive data for 21405 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 21405 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.
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