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These days, finding an affordable place to live in the Concord area can be challenging. Home prices in Concord are now at a median cost of $155,898, lower than the Maryland average of $450,578.
The average cost of rent is $927/mo in Concord, primarily driven by the current value of real estate in the Concord area. In Concord, 40.57% of households rent, and 60.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Concord is $4,322 per month. Households that rent pay about 21.46% of their income on rent here. Concord’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Federalsburg, MD: higher priced homes
- Smithville, MD: higher priced homes
- Hynson, MD: higher priced homes
- Williamsburg, MD: higher priced homes
- Harmony, MD: higher priced homes
- Woodenhawk, DE: higher priced homes
- Preston, MD: higher priced homes
- Hurlock, MD: higher priced homes
- Rhodesdale, MD: higher priced homes
- Williston, MD: higher priced homes
Cities with Similar Populations
- Duckwater, NV: less expensive homes
- Damar, KS: less expensive homes
- Danville, MO: higher priced homes
- Darfur, MN: higher priced homes
- Darrington, MS: less expensive homes
- Dawn, OH: higher priced homes
- Decatur City, IA: less expensive homes
- Shingleton, MI: higher priced homes
- Shieldsburg, PA: higher priced homes
- Dexter, TX: higher priced homes
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