ZIP Code 21532 Housing Market
ZIP code 21532 is located in Allegany County, Maryland. Based on the FHFA House Price Index, the most recent annual HPI value is 226.1 (2000 = 100) , with a year-over-year change of -4.33% as of 2025.
📈 21532 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
📝 Local Market Notes
ZIP 21532 exhibited pronounced volatility over the 2021–2025 period. The FHFA House Price Index surged from 172.1 to 236.3 between 2021 and 2024, a cumulative 37.3% increase driven by annual gains of 5.4%, 11.0%, and 17.3%, respectively. This trajectory reversed sharply in 2025, with the index falling 4.3% to 226.1, erasing roughly one-quarter of the prior three years' appreciation in a single year. This decline places ZIP 21532 in stark divergence from both Allegany County (+3.3% YoY) and Maryland (+1.0% YoY), as well as neighboring ZIP 21502 (+4.3% YoY). The 7.6-percentage-point gap between the ZIP and county YoY rates signals localized market dynamics—potentially
About This ZIP Code
ZIP code 21532 is one of the most active real estate sub-markets in Allegany County, Maryland. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Allegany County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Allegany County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 21502 | 217.9 | +4.30% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.