The story of this market
The typical home in ZIP 21631 sells for about $310,000, or $207 per square foot.
Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 21631 — East New Market
The real estate market in 21631 is stable, with a median sales price of $310,000 and limited inventory. Market activity is driven by local demand for rural residential properties, with little price volatility observed over the last quarter. Data for specific metrics like price cuts and exact months of supply are limited due to the low volume of transactions in this rural ZIP code.
This ZIP is best suited for buyers seeking a rural, quiet lifestyle, including families and retirees who value space and proximity to the Eastern Shore's natural amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 105 days on market with 7.3 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — a stable, low-distress 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 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 21631, Dorchester County MD
Schools serving the area are primarily located in neighboring ZIP codes, with ratings generally reflecting the broader Dorchester County public school system.
The area is subject to standard regional flood and wind risks associated with the Chesapeake Bay watershed and Eastern Shore geography.
Economic momentum is driven by local agriculture, small-scale commerce, and proximity to regional hubs like Cambridge, with limited large-scale industrial development.
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.
Commutes are primarily car-dependent, with residents traveling via MD-16 and US-50 toward employment centers in Cambridge or Easton.
The area features rural landscapes, proximity to the Choptank River for water-based recreation, and local parks within a short drive.
The rental market is characterized by limited inventory and a mix of single-family homes, with demand driven by local workforce needs.
The local economy is anchored by agriculture, food processing, and small-business services, with significant employment influence from nearby Cambridge.
Development is primarily focused on small-scale residential infill and agricultural preservation.
Parcels are served by Dorchester County Public Schools and standard county utility districts.
Property insurance premiums are influenced by regional flood zone designations and proximity to the Chesapeake Bay.
Data retrieved from Census Bureau ZCTA-level tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Major regional waterway providing boating and fishing access.
Features well-preserved 18th and 19th-century architecture.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.