HousingHandbookReference data

U.S. ZIP Code · MD20657

Calvert County · Lexington Park, MD

Typical home value

$377,043[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+4.5%
10-year / yr
+5.1%

Relative price

vs U.S.
+32.7%
vs metro
-18.3%
vs state
-16.3%
ZIP 20657 location in MD
Location of ZIP 20657 in MD

Price history

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

The typical home in 20657 is worth $377,043 — 18.3% below the Lexington Park, MD median. Over the past year, values have risen 2.5%. Homes here rent for a typical $2,175 a month — a 6.9% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$2,175[2]
Gross yield
6.9%[2]
Cap rate
4.2%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,426[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
20,699[3]
Median household income
$115,748[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

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
2
Middle
2
High
1
  • Patuxent High

    High · Grades 9–12 · Calvert County Public Schools

    1,008 students

  • Patuxent Appeal Elementary Campus

    Elementary · Grades PK–5 · Calvert County Public Schools

    659 students

  • Dowell Elementary

    Elementary · Grades PK–5 · Calvert County Public Schools

    589 students

  • Southern Middle

    Middle · Grades 6–8 · Calvert County Public Schools

    430 students

  • Mill Creek Middle

    Middle · Grades 6–8 · Calvert County Public Schools

    429 students

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 yield6.9%
Net yield (after ~40% expenses)4.2%
Annual rent$26,100

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$1,907
Loan principal$301,634
Down payment$75,409
Total interest paid$384,718

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 ratio1.15
Monthly cost to own$2,507
Monthly rent$2,175

Renting is meaningfully cheaper month-to-month.

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
97th percentile[1]
Rental yield
83rd percentile[2]
Property tax
86th percentile[3]

Frequently asked

How much is a home worth in ZIP code 20657?
The typical home in 20657 is worth $377,043, based on the Zillow Home Value Index.
Are home values rising in 20657?
Home values in 20657 are up 2.5% over the past year, and up 4.5% a year over five years.
What is the typical rent in 20657?
A typical home in 20657 rents for about $2,175 a month, a gross rental yield of 6.9%.
What is the property tax rate in 20657?
The effective property tax rate in 20657 is 0.9% — roughly $3,426 a year on a typical home.
Who lives in 20657?
ZIP code 20657 has a population of 20,699 and a median household income of $115,748.

#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
    $371,979
    Gross yield
  • California CDP, MD

    Typical home
    $369,194
    Gross yield
    7.0%
  • Lexington Park CDP, MD

    Typical home
    $388,460
    Gross yield
    5.4%
  • California CDP, MD

    Typical home
    $396,734
    Gross yield
    6.7%
  • MD

    Typical home
    $356,637
    Gross yield
  • MD

    Typical home
    $400,472
    Gross yield

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