21710, Adamstown, MD

Adamstown, MD is located in the 21710 zip code. According to the 2010 census, the population of Adamstown was 2,811. The median household income in Adamstown was $87,527 and the median family income was $102,898. The percentage of families and households that were below the poverty line was 4.1% and 5.9%, respectively.

The home equity and home prices in Adamstown are very high compared to other areas of Maryland. In fact, according to Zillow’s Home Value Index for ZIP Codes within 100 miles of Washington D.C., the home value index for Adamstown is 9th highest out of all ZIP Codes within 100 miles of Washington D.C.. Additionally, according to Trulia’s National Home Value Survey (NHVS), the home value index for Adamstown is 3rd highest out of all ZIP Codes within 100 miles of Baltimore (BALTIMORE).

One reason why the home equity and home prices in Adamstown are so high is because there are a lot of wealthy people living in this area. For example, according to Forbes’ 2018 list of America’s Richest Towns, Adamstown ranks #2 on their list with a median household income over $200K per year (over triple the national median). Additionally, there are a lot of affluent businesses located in this area too – such as Lockheed Martin Corp., which has an annual revenue over $30B (the 10th largest company in America).

Another reason why the home equity and home prices in Adamstown are so high is because there is a lot of demand for homes here. For example, according to Zillow’s 2018 report on “The State Of The Nation’s Housing Markets: Q2 2018″, “Zillow found that U.S.-based buyers made up nearly two-thirds (64%)of all transactions nationwide during Q2 2018 – marking yet another quarter where demand outstripped supply across most major markets … [and] more than half (53%)of all active listings were listed by buyers who identified as being from outside their local market … [which] suggests strong interest from both domestic and international buyers alike” .

In addition to strong demand from buyers , there is also strong demand from investors . For example, according to Zillow’s 2019 report on “Investor Activity In U.S.: Q4 2018″ , “Investor activity accounted for 38%of sales volume during December 2018 – up from 33%in December 2017 … [and] investor inquiries accounted for 21%of total MLS inquiries during December 2018 – up from 16%in December 2017″ .

Therefore , it seems like both buyers and investors are interested in buying homes in Adamstown - which has led to high home values andHome Equity