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These days, finding an affordable place to live in the Oldfield area can be challenging. Home prices in Oldfield are now at a median cost of $476,708, higher than the Maryland average of $450,578.
The average cost of rent is $2,276/mo in Oldfield, primarily driven by the current value of real estate in the Oldfield area. In Oldfield, 11.95% of households rent, and 38.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oldfield is $8,849 per month. Households that rent pay about 25.72% of their income on rent here. Oldfield’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Johnsville, MD: higher priced homes
- Union Bridge, MD: less expensive homes
- New Windsor, MD: equally priced homes
- Mount Airy, MD: higher priced homes
- Woodsboro, MD: equally priced homes
- New Market, MD: higher priced homes
- Linganore, MD: equally priced homes
- Keymar, MD: equally priced homes
- Walkersville, MD: equally priced homes
- Monrovia, MD: higher priced homes
Cities with Similar Populations
- Schnellville, IN: less expensive homes
- Middlefield, MA: less expensive homes
- Middlefork, IN: less expensive homes
- Millstone, WV: less expensive homes
- Rockvale, MT: equally priced homes
- Roundhill, AL: less expensive homes
- Santa Fe, MO: less expensive homes
- Sauney Stand, TX: equally priced homes
- Sawyer, MN: less expensive homes
- Scallorn, TX: less expensive homes
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