Wicomico County, Maryland Housing Market
In Wicomico County, Maryland, the median home value is $254,700, with a median monthly rent of $1,327. This places Wicomico County at #869 nationally out of 3134 counties by median home value, and #20 within Maryland.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,134
- Establishments: 2,610
- BLS QCEW, 2025
Housing Supply
- Single-family: 129
- Multi-family: 41
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 41,202 (avg $66,220)
- Outflow: 39,159 (avg $66,848)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Wicomico County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 21875 | 267.1 | — | 2025 |
| 2 | 21849 | 269.6 | +3.80% | 2025 |
| 3 | 21830 | 274.6 | +9.50% | 2025 |
| 4 | 21804 | 269.3 | +5.31% | 2025 |
| 5 | 21801 | 252.6 | +7.55% | 2025 |
| 6 | 21826 | 238.3 | +7.56% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Wicomico County Compares
| Metric | Wicomico County | Maryland Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $254,700 | $370,016 | $227,706 |
| Median Gross Rent | $1,327 | $1,459 | $968 |
| Owner Occupancy Rate | 62.3% | 72.7% | 73.3% |
| Price/Rent Ratio | 16.0 | 21.1 | 18.7 |
Market Analysis
The median home value in Wicomico County is 31.2% below the Maryland state average and 11.9% above the U.S. national average. The median rent of $1,327/month is 9.0% below the state average.
With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Wicomico County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Wicomico County has an owner-occupancy rate of 62.3%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Cass County | Nebraska | $254,900 | $996 |
| Carroll County | Georgia | $255,100 | $1,153 |
| Pope County | Minnesota | $255,100 | $902 |
| Silver Bow County | Montana | $255,200 | $863 |
| Antrim County | Michigan | $255,500 | $902 |
Other Counties in Maryland
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dorchester County | $262,400 | $1,032 | 65.6% |
| Garrett County | $235,300 | $765 | 79.7% |
| Baltimore city | $229,600 | $1,331 | 47.5% |
| Caroline County | $290,100 | $1,105 | 71.9% |
| Washington County | $296,100 | $1,147 | 66.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).