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Boonsboro, MD

Full City Profile · Maryland · Washington County County

3.3 /5.0
B Good
3,799 Population 1,246/sq mi density
$93,730 Median Income $40,445 per capita
$342,600 Home Value $397,752 Zillow
$1,197 Median Rent 19.1% income on rent
54°F Avg Temperature 293 sunny days/yr
28 Violent Crime/100K 445 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$93,730 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$342,600 home value, $1,197/mo rent
F
Safety
1.0 / 5.0
28 violent crimes/100K
C+
Education
3.0 / 5.0
24.5% bachelor's degree or higher

Housing Overview

Median Home Value
$342,600
22% above
US avg: $281,900
Median Rent
$1,197/mo
3% above
US avg: $1,163/mo
Homeownership Rate
76.0%
16% above US avg (65.4%)
Total Housing Units
1,487
Median year built: 1969

Home Value by Source

Census Median
$342,600
Zillow (ZHVI)
$397,752
Median Sale Price
$321,000
Median List Price
$524,990
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.0%
Owner-Occupied
24.0%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $1,197/mo

Market Indicators (Redfin)

Median Days on Market
44 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$221
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
76.0%

Complete Housing Data

Home Values

Census Median Value$342,600
Zillow Home Value (ZHVI)$397,752
Median Sale Price$321,000
Median List Price$524,990
Price Per Sq Ft$221

Rent

Census Median Rent$1,197
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market44
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold4
Active Inventory16
Price Per Sq Ft$221

Ownership & Stock

Owner-Occupied76.0%
Renter-Occupied24.0%
Homeownership Rate76.0%
Total Housing Units1,487
Median Year Built1969
Rent Burden19.1%