Housing Insights for ZIP Code 21144 (Severn, MD)

Housing Summary for ZIP Code 21144

Homeowners

The median home value in ZIP Code 21144 (Severn, MD) is $372,300. Approximately 77.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.2%.

The average occupancy of owner-occupied units in ZIP Code 21144 is 3.01 occupants, while owner-occupied units have an aggregate average size of 3.43 bedrooms per housing unit.

Renters

In the 21144 ZIP Code, an estimated 22.7% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.90 occupants, while renters in this Anne Arundel County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21144

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21144.

ZIP 21144 Maryland U.S.
Median Home Value $372,300 $433,655 $364,385
Owner-Occupied Housing Units 77.3% 66.9% 64.0%
Homeowner Vacancy Rate 3.2% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.01 2.75 2.70
Average # of Bedrooms Per Unit 3.43 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 22.7% 33.1% 36.0%
Rental Vacancy Rate 7.0% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.90 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21144 (Severn, MD)

The median home value in ZIP Code 21144 is $372,300. That median value is about 18% higher than the median home value of $314,800 in Maryland overall, and is 71% higher than the $217,500 the median home value in the entire U.S. Approximately 56.8% of homes in ZIP Code 21144 are valued $300,000 to $499,999. That is 73% higher than in the state ofMaryland, where 32.8% of homes are valued at $300,000 to $499,999, and is about 194% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 21144 homes fall into is $1,000,000 or more (0.7% of homes).

Home Values in ZIP Code 21144

This chart visualizes the breakdown of home values in ZIP Code 21144, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21144 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21144

See the table below for a regional comparison of home values in ZIP Code 21144.

Home Value ZIP 21144 Maryland U.S.
Less than $50,000 2.2% 2.7% 6.9%
$50,000 to $99,999 1.6% 3.7% 12.0%
$100,000 to $149,999 1.9% 6.3% 13.3%
$150,000 to $199,999 1.3% 9.9% 14.0%
$200,000 to $299,999 17.6% 24.4% 19.6%
$300,000 to $499,999 56.8% 32.8% 19.3%
$500,000 to $999,999 17.9% 17.1% 11.4%
$1,000,000 or more 0.7% 3.1% 3.4%

Home Ages in ZIP Code 21144 (Severn, MD)

Approximately 26.4% of homes in this Severn, MD region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 21144 is about 85% higher than percentage of homes built in this time period in Maryland overall (14.3% of homes), and is 90% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 22.4% of local homes were built in 1970 to 1979. On the other end of the scale, just 2.0% of homes in this Anne Arundel County ZIP Code were built in 1940 to 1949 in ZIP Code 21144. In comparison, 5.2% of homes in Maryland overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21144

A detailed regional comparison of home ages in ZIP Code 21144.

Year Built ZIP 21144 Maryland U.S.
2014 or later 7.0% 2.3% 2.5%
2010 to 2013 3.7% 2.6% 2.7%
2000 to 2009 14.6% 11.4% 14.0%
1990 to 1999 26.4% 14.3% 13.9%
1980 to 1989 11.7% 15.3% 13.4%
1970 to 1979 22.4% 14.1% 15.2%
1960 to 1969 5.1% 11.5% 10.6%
1950 to 1959 4.7% 11.4% 10.3%
1940 to 1949 2.0% 5.2% 4.9%
1939 or earlier 2.4% 11.8% 12.6%

Age of Homes in ZIP Code 21144

See the chart below for details on the age of homes in ZIP Code 21144, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 21144

Frequently asked questions about housing in this Severn, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21144.

1

What is the average home value ZIP Code 21144?

The median home value in ZIP Code 21144 (Severn, MD) is $372,300.
2

Are homes expensive in ZIP Code 21144?

The median home value in 21144 ($372,300) is an estimated 18% higher than the aggregate median value of $314,800 in Maryland, and is 71% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 21144?

The vacacy rate for owner-occupied housing in ZIP Code 21144 is 3.2%. This rate is 88% higher than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21144 vacancy rate is 100% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21144 have older homes or newer construction?

In ZIP Code 21144, about 26.4% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 22.4% of homes in the region were built in 1970 to 1979. In contrast, 2.0% of homes in 21144 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 21144? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21144 than renter-occupied housing. Owner-occupied units make up 77.3% of housing, compared to 22.7% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21144?

The vacacy rate for rental units in ZIP Code 21144 is 7.0%. This rate is 17% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 21144 vacancy rate is 17% higher than the entire U.S. vacancy rate of 6.0%.