HousingHandbookReference data

U.S. ZIP Code · MD20615

Calvert County · Lexington Park, MD

Typical home value

$489,029[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.8%
5-year / yr
10-year / yr

Relative price

vs U.S.
+72.2%
vs metro
+6.0%
vs state
+8.6%
ZIP 20615 location in MD
Location of ZIP 20615 in MD

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 20615 is worth $489,029 — 6.0% above the Lexington Park, MD median. Over the past year, values have risen 5.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Calvert County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Very Low
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
460[3]
Median household income
[3]

#Migration

Household moves in and out of Calvert County over a year, from IRS tax-return data.

Net migration
-263[5]
Moved in
2,389
Moved out
2,652

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,473
Loan principal$391,223
Down payment$97,806
Total interest paid$498,984

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,369
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 20615?
The typical home in 20615 is worth $489,029, based on the Zillow Home Value Index.
Are home values rising in 20615?
Home values in 20615 are up 5.8% over the past year.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • MD

    Typical home
    $490,478
    Gross yield
  • MD

    Typical home
    $482,273
    Gross yield
  • Tall Timbers CDP, MD

    Typical home
    $481,965
    Gross yield
  • Prince Frederick CDP, MD

    Typical home
    $476,643
    Gross yield
  • Piney Point CDP, MD

    Typical home
    $471,233
    Gross yield
  • MD

    Typical home
    $470,331
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 20615 against any other ZIP — full side-by-side table.

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