21042, Ellicott City, MD

The 21042 zip code of Ellicott City, MD has a median home value of $194,900 and a median home equity value of $130,000. These values are higher than the Maryland statewide median home value of $157,600 and the national median home equity value of $142,700.

There are a number of factors that may contribute to the high values in the 21042 zip code. The area is affluent and has a high concentration of families with children who attend private schools. Additionally, there is strong demand for housing due to its proximity to Baltimore and Washington D.C., two major metropolitan areas.

Despite these factors, there have been some challenges for homeowners in the 21042 zip code over the past few years. The market has been volatile and prices have dropped significantly in some areas since 2012. Additionally, interest rates have increased significantly over this time period which may make it more difficult for homeowners to refinance their mortgages or take out new loans.