HousingHandbookReference data

U.S. ZIP Code · MD21638

Queen Anne's County · Baltimore-Columbia-Towson, MD

Typical home value

$576,312[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.8%
5-year / yr
+5.5%
10-year / yr
+5.4%

Relative price

vs U.S.
+102.9%
vs metro
+18.2%
vs state
+27.9%
ZIP 21638 location in MD
Location of ZIP 21638 in MD

Price history

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

The typical home in 21638 is worth $576,312 — 18.2% above the Baltimore-Columbia-Towson, MD median. Over the past year, values have risen 1.8%. The effective property tax rate is 0.6%.

#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
0.6%[3]
Typical annual tax
$3,435[3]

#Climate risk

FEMA National Risk Index ratings for Queen Anne's County. "Not Applicable" means the hazard does not threaten the county.

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

#Who lives here

Population
5,420[3]
Median household income
$140,086[3]

#Migration

Household moves in and out of Queen Anne's County over a year, from IRS tax-return data.

Net migration
+228[5]
Moved in
1,665
Moved out
1,437

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Grasonville Elementary School

    Elementary · Grades PK–5 · Queen Anne's County Public Schools

    465 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 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$2,914
Loan principal$461,050
Down payment$115,262
Total interest paid$588,044

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$3,683
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
96th percentile[1]
Rental yield
[2]
Property tax
4th percentile[3]

Frequently asked

How much is a home worth in ZIP code 21638?
The typical home in 21638 is worth $576,312, based on the Zillow Home Value Index.
Are home values rising in 21638?
Home values in 21638 are up 1.8% over the past year, and up 5.5% a year over five years.
What is the property tax rate in 21638?
The effective property tax rate in 21638 is 0.6% — roughly $3,435 a year on a typical home.
Who lives in 21638?
ZIP code 21638 has a population of 5,420 and a median household income of $140,086.

#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
    $576,305
    Gross yield
  • Fallston CDP, MD

    Typical home
    $573,771
    Gross yield
  • MD

    Typical home
    $572,175
    Gross yield
  • Mayo CDP, MD

    Typical home
    $581,847
    Gross yield
    6.5%
  • Eldersburg CDP, MD

    Typical home
    $565,552
    Gross yield
  • Pleasant Hills CDP, MD

    Typical home
    $587,881
    Gross yield

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