Glen Burnie, Maryland Housing Market Prices
Glen Burnie Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 28% above the Maryland median$340,721
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Median rent 3% below the Maryland median$1,648
Housing Market Overview
| Metric | Glen Burnie | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $340,721 | $267,101 | $248,835 |
| Price Trend (Annual %) | 16.5% | 3.4% | 7.5% |
| Median Gross Rent | $1,648 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Glen Burnie is about 28% higher than in Maryland. Rent is about 3% lower than the Maryland average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Glen Burnie, up about 16.5% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Glen Burnie rose about 40.4% between 2015 and 2024, from $1,173 to $1,648. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in Glen Burnie.
Buying the median-priced home in Glen Burnie costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Glen Burnie. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Glen Burnie | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $340,721 | $267,101 | $248,835 |
| Median Household Income | $88,250 | $103,916 | $80,455 |
| Price-to-Income Ratio | 3.9 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Glen Burnie rose about 65.0%, while median household income rose about 47.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Glen Burnie | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.9% | 62.4% | 58.5% |
| Rental Rate | 34.6% | 29.9% | 31.2% |
| Vacancy Rate | 3.5% | 7.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Glen Burnie has a homeownership rate of 61.9%, about the same as the Maryland average of 62.4%. Its housing vacancy rate is 3.5%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Glen Burnie | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1974 | 1977 | 1978 |
| Median Number of Rooms | 5.7 | 6.2 | 5.5 |
The typical housing unit in Glen Burnie was built around 1974. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Glen Burnie, Maryland.
What is the median home price in Glen Burnie, Maryland?
The median home price in Glen Burnie, Maryland is $340,721, higher than the Maryland average of $267,101.
What is the average home price in Glen Burnie, Maryland?
The typical home price in Glen Burnie, Maryland, reported as the median sale price, is $340,721. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Glen Burnie, Maryland?
The median gross rent in Glen Burnie, Maryland is $1,648 per month, lower than the Maryland average of $1,704.
What was the median gross rent in Glen Burnie in 2020?
In 2020, the median gross rent in Glen Burnie, Maryland was $1,346 per month.
What is the price-to-rent ratio in Glen Burnie, Maryland?
The price-to-rent ratio in Glen Burnie, Maryland is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Glen Burnie.
Are home prices or rent rising faster in Glen Burnie, Maryland?
Both home prices and rent are rising in Glen Burnie, up about 16.5% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Glen Burnie, Maryland?
61.9% of households in Glen Burnie, Maryland own their home, lower than the Maryland average of 62.4%.
What is the vacancy rate in Glen Burnie, Maryland?
The housing vacancy rate in Glen Burnie, Maryland is 3.5%, lower than the Maryland average of 7.7%.
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