US5.com
  1. Home
  2. States
  3. Maryland
  4. ZIP 21047
  5. Housing & Real Estate
Fallston CDP, MD

ZIP 21047 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 21047

Median Home Value
$516,700
Median Rent
$2,227
Affordability Snapshot
$142,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,319/mo PITI).

17%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

19.3 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 21047 in Fallston CDP, MD, a household would need roughly $142,000 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 $3,319. That is roughly in line with the local median household income ($154,524). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
96.9%+48% vs US avg
x
Vacancy Rate
1.5%-86% vs US avg
x
Broadband Access
93.1%+7% vs US avg
x
4+ Bedrooms
14.5%-2% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
1.1%-83% vs US avg
x
Rent Burden >30%
27.1%-45% vs US avg
x
Mortgage-Free
39.4%+3% vs US avg
x
$516,700
Home Value
$2,227
Rent
1977
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached93.8%
  • 1-unit attached6.0%
  • 2-9 units0.2%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$516,700
Median rent$2,227
Owner-occupied96.9%
Vacant1.5%
Price-to-income3.3x
Est. income to buy$142,000