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Paramount-Long Meadow, MD

Full City Profile · Maryland · Washington County County

3.8 /5.0
B+ Good
2,660 Population 1,220/sq mi density
$101,763 Median Income $40,381 per capita
$340,500 Home Value $418,661 Zillow
$1,421 Median Rent 17.6% income on rent
54°F Avg Temperature 293 sunny days/yr
650 Violent Crime/100K 3,619 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$101,763 median income, 2.6% unemployment
A+
Affordability
4.8 / 5.0
$340,500 home value, $1,421/mo rent
F
Safety
1.0 / 5.0
650 violent crimes/100K (71% above avg)
A+
Education
4.6 / 5.0
44.9% bachelor's degree or higher

Housing Overview

Median Home Value
$340,500
21% above
US avg: $281,900
Median Rent
$1,421/mo
22% above
US avg: $1,163/mo
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
984
Median year built: 1989

Home Value by Source

Census Median
$340,500
Zillow (ZHVI)
$418,661
Median Sale Price
$470,000
Median List Price
$469,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.9%
Owner-Occupied
16.1%
Renter-Occupied
84%
16%
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: $1,421/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
27.8%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
17.6%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
83.9%

Complete Housing Data

Home Values

Census Median Value$340,500
Zillow Home Value (ZHVI)$418,661
Median Sale Price$470,000
Median List Price$469,500
Price Per Sq Ft$167

Rent

Census Median Rent$1,421
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 Market71
Sale-to-List Ratio1.0%
Price Drops27.8%
Homes Sold1
Active Inventory18
Price Per Sq Ft$167

Ownership & Stock

Owner-Occupied83.9%
Renter-Occupied16.1%
Homeownership Rate83.9%
Total Housing Units984
Median Year Built1989
Rent Burden17.6%