Rental market · ZIP 21048 · Eldersburg, MD

ZIP 21048, Eldersburg, MD rental market

Population 10,481 · Eldersburg, Carroll County, MD · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

A survey home value and gross rent are not both available, so the affordability/yield inputs cannot be formed.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

10,481
Population ±10%
$459,000
Median home value (ACS, owner-reported) ±5%
$131,921
Median household income ±20%
0.0%
Rental vacancy
2.2%
Renter share
0.8%
Estimated property-tax burden
1981
Median year built ±0%
3.1%
Multifamily (5+ units)

Data vintage: ACS 2024 5-year · every figure is an ACS survey estimate with a margin of error (shown per card).

Market context

Trend context

Loading home value context…

View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$376,500 ±$13,765$414,000 ±$22,531$423,900 ±$23,731$459,000 ±$22,473
Median gross rent B25064$1,209 ±$265$1,185 ±$476$1,500 ±$666
Population B0100310,084 ±1,0219,759 ±1,01310,002 ±1,10810,481 ±1,023

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$376,500Margin of error ±$13,765
Median gross rent B25064
$1,209Margin of error ±$265
Population B01003
10,084Margin of error ±1,021

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$414,000Margin of error ±$22,531
Median gross rent B25064
$1,185Margin of error ±$476
Population B01003
9,759Margin of error ±1,013

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$423,900Margin of error ±$23,731
Median gross rent B25064
$1,500Margin of error ±$666
Population B01003
10,002Margin of error ±1,108

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$459,000Margin of error ±$22,473
Median gross rent B25064
Margin of error not available
Population B01003
10,481Margin of error ±1,023

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree: the ACS median home value is what owners report their home is worth in a 5-year survey, while ZHVI is a monthly index of typical home value; ACS median gross rent is what sitting tenants pay including utilities, while ZORI is an index of asking rent on newly listed units. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-07, not live.

Zillow Home Value Index (ZHVI, mid tier)$570,728
ZHVI bottom tier (5th–35th pct)$426,439
ZHVI top tier (65th–95th pct)$820,136
Market heat index55
Share of listings with a price cut26.0%
For-sale inventory26
New listings12
Median list price$717,098
Measured 3-yr value growth3.46%/yr
Measured 5-yr value growth3.61%/yr
Measured 10-yr value growth4.64%/yr
ZHVI, 3-bedroom$483,169
ZHVI, 4-bedroom$684,964
ZHVI, 5-bedroom$876,376

Source: Zillow Economic Research public research data, observation month 2026-07. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 21048

5 ZIP Code areas share a land boundary with 21048 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 4 of them are in CE's ranked set and linked below; the rest are searchable from the ZIP Code explorer. No score or rank is shown here: open a profile for its own numbers.

Evidence, sources & limitations

Official geography: Eldersburg CDP, Carroll County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 21048, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z2-gov-subscores-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Carroll County, overlapping Eldersburg, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±10% MOE
Median home value (ACS, owner-reported)survey ACS B25077 · ±5% MOE
Median household incomesurvey ACS B19013 · ±20% MOE
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002)
Renter sharederived ACS B25003 E003/E001
Estimated property-tax burdenderived ACS B25103 / B25077
Median year builtsurvey ACS B25035 · ±0% MOE
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total)

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.