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Savage CDP, MD

ZIP 20763 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 20763

Median Home Value
$406,300
Median Rent
$1,820
Affordability Snapshot
$112,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,610/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 20763 in Savage CDP, MD, a household would need roughly $112,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,610. That is roughly in line with the local median household income ($119,083). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
49.9%-24% vs US avg
x
Vacancy Rate
1.6%-84% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
3.1%-75% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
48.6%-2% vs US avg
x
Mortgage-Free
21.8%-43% vs US avg
x
$406,300
Home Value
$1,820
Rent
1961
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached42.8%
  • 1-unit attached23.6%
  • 2-9 units8.2%
  • 10+ units25.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$406,300
Median rent$1,820
Owner-occupied49.9%
Vacant1.6%
Price-to-income3.4x
Est. income to buy$112,000