21221, Essex, MD

The 21221 zip code of Essex, MD has a median home value of $183,000. This is higher than the Maryland median home value of $157,500. The 21221 zip code also has a lower than average home equity ratio of 36%. This means that homes in this zip code are less likely to be able to cover their debts if they were to sell.

There are a number of factors that could contribute to the high home values in the 21221 zip code. One reason may be that there is a high concentration of wealthy residents in this area. Another reason may be the low unemployment rate in this area, which could lead to more people being able to afford homes. Additionally, there is a limited supply of homes available for sale in this zip code, which could lead to higher prices.