Spencerville, MD
Full City Profile · Maryland · Howard County County
4.5
/5.0
A+
Excellent
1,433
Population
919/sq mi density
$626,100
Home Value
$759,568 Zillow
57°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Education
4.5 / 5.0
43.2% bachelor's degree or higher
Housing Overview
Median Home Value
$626,100
122% above
US avg: $281,900
Homeownership Rate
90.4%
38% above US avg (65.4%)
Total Housing Units
449
Median year built: 1971
Home Value by Source
Census Median
$626,100
Zillow (ZHVI)
$759,568
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.4%
Owner-Occupied
9.6%
Renter-Occupied
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
Affordability & Housing Stock
Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
90.4%
Complete Housing Data
Home Values
| Census Median Value | $626,100 |
| Zillow Home Value (ZHVI) | $759,568 |
Rent
| 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
Ownership & Stock
| Owner-Occupied | 90.4% |
| Renter-Occupied | 9.6% |
| Homeownership Rate | 90.4% |
| Total Housing Units | 449 |
| Median Year Built | 1971 |
| Rent Burden | 28.2% |