The story of this market
The typical home in ZIP 21545 sells for about $108,000, or $53 per square foot.
Homes take about 162 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $905 a month.
ZIP 21545
The housing market in ZIP 21545 is characterized by high affordability and a stable, owner-occupied residential base. With a median home value of $108,000 and limited inventory, the market remains quiet with low sales volume. Current data indicates a steady, slow-growth environment driven by local demand rather than speculative investment.
This ZIP is well-suited for budget-conscious family buyers and those seeking an established, quiet residential environment in a rural setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 162 days on market with 3.7 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 104.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 15.1% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 21545, Allegany County MD
The area is served by the Allegany County Public Schools system, which provides standard public education for the region.
The area is located in a non-metropolitan region of Maryland with standard regional climate risks; specific flood or wildfire hazard data for this ZIP is not determinable.
The local economy is characterized by a mix of retail, education, and healthcare services, with limited large-scale industrial development momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents typically commute to nearby employment hubs in Cumberland or Frostburg via local road networks.
The area offers access to rural outdoor recreation, including local parks and proximity to the scenic landscapes of Western Maryland.
The rental market is characterized by high affordability compared to national averages, with a significant portion of the housing stock being owner-occupied.
The economy is driven by retail trade, education, and healthcare services, reflecting the broader Allegany County employment base.
Transportation is primarily reliant on private vehicle use via local highway corridors connecting to Cumberland.
No major large-scale commercial or residential developments are currently reported for this ZIP.
Allegany County manages property assessments through the state-supervised assessment process.
Parcels are subject to standard Allegany County and Maryland state tax and utility districts.
Property insurance availability is standard for the region, with premiums influenced by local hazard profiles.
Data retrieved from Census ACS 2024 ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Features historic architecture and local heritage sites.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.