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Lonaconing, MD

Full City Profile · Maryland · Mineral County County

3.5 /5.0
B+ Good
1,093 Population 3,036/sq mi density
$43,947 Median Income $20,392 per capita
$77,600 Home Value $109,371 Zillow
$739 Median Rent 36.1% income on rent
49°F Avg Temperature 293 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$43,947 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$77,600 home value, $739/mo rent
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$77,600
72% below
US avg: $281,900
Median Rent
$739/mo
36% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
496
Median year built: 1938

Home Value by Source

Census Median
$77,600
Zillow (ZHVI)
$109,371
Median Sale Price
$130,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.5%
Owner-Occupied
36.5%
Renter-Occupied
64%
37%
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: $739/mo

Market Indicators (Redfin)

Median Days on Market
2 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$82
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
36.1%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
63.5%

Complete Housing Data

Home Values

Census Median Value$77,600
Zillow Home Value (ZHVI)$109,371
Median Sale Price$130,000
Price Per Sq Ft$82

Rent

Census Median Rent$739
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 Market2
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$82

Ownership & Stock

Owner-Occupied63.5%
Renter-Occupied36.5%
Homeownership Rate63.5%
Total Housing Units496
Median Year Built1938
Rent Burden36.1%