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Market Snapshot

Median listing price
$668K

The median listing price in Columbia, MD ZIP 21044 is $667,500 as of June 2026.

Median rent
$2,350/mo

The median market rent in Columbia, MD ZIP 21044 is $2,350/month as of June 2026.

Days on market
249 days

The median days on market in Columbia, MD ZIP 21044 is 249 days as of June 2026. The market is currently neutral.

Gross rental yield
4.22%

At a median list price of $667,500 and a median rent of $2,350/month, the gross rental yield in Columbia, MD ZIP 21044 is 4.22% as of June 2026.

STR vs LTR
$1,505/mo STR · $2,350/mo LTR

In Columbia, MD ZIP 21044, median Airbnb revenue is $1,505/month compared to median long-term rent of $2,350/month as of June 2026.

Columbia, MD 21044 Real Estate Market Report

ZIP Code: 21044

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
69
Active Listings
22
Sold Properties
47

Market Metrics

Median Listing Price
$667,500
Median Sold Price
$512,000
Median Price per Sqft
$283/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,350

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.76%

Liquidity & Velocity

Median Days on Market
249
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbia, MD, average 6.53%, which is 0.55% higher than the 5.98% rate seen earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. Median sold price: $512,000 is the most reliable indicator of current market value and recent transaction activity in 21044; this level suggests that recent closed transactions are tracking materially below asking levels, so seller expectations (as reflected in the median listing price of $667,500) may be misaligned with realized sale prices. pricing gap
  2. Median days on market: 249 points to slower sales velocity and extended marketing periods for SFR and condo listings—this appears to reflect pricing friction rather than rapid turnover, and may require price adjustments or targeted marketing to restore liquidity.
  3. Median price per square foot: $283 combined with a rising rent trend and a median market rent: $2,350 indicates strengthening rental demand (rent year-over-year trend: up), which could support investor interest where sale-to-rent economics are viable.
  4. Current 30-year fixed mortgage rates: 6.53% (0.55% higher than the 5.98% rate earlier in 2026) and interest rate pressure described as moderate suggest financing costs are elevated versus earlier in the year, which may temper price growth despite the neutral market temperature and relatively constrained active supply in the analyzed sample.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

7944 Harriet Tubman Ln, Columbia, MD 21044
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds6 baths4,710 sqft
$1,225,000
Apr 1, 2026
$260/sqft/sqft
10684 Quarterstaff Rd, Columbia, MD 21044
Market Benchmark

Sold at market average

- beds4 baths4,158 sqft
$1,165,000
Apr 1, 2026
$280/sqft/sqft
6125 Wooded Run Dr, Columbia, MD 21044
Market Benchmark

Sold at market average

4 beds4 baths3,302 sqft
$980,000
Mar 1, 2026
$297/sqft/sqft
91 days on market
10397 Blue Arrow Ct, Columbia, MD 21044
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,996 sqft
$585,000
Apr 1, 2026
$293/sqft/sqft
262 days on market
5253 Lightfoot Path, Columbia, MD 21044
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths2,232 sqft
$575,500
Apr 1, 2026
$258/sqft/sqft
79 days on market
5218 Harpers Farm Rd, Columbia, MD 21044
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,525 sqft
$561,000
Apr 1, 2026
$368/sqft/sqft
96 days on market
11247 Skilift Ct # B-19-4, Columbia, MD 21044
Value

Sold below market average

2 beds1 baths1,064 sqft
$270,000
Apr 1, 2026
$254/sqft/sqft
103 days on market
5501 Woodenhawk Cir, Columbia, MD 21044
Value

Sold below market average

2 beds1 baths1,030 sqft
$220,000
Mar 1, 2026
$214/sqft/sqft
131 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$720/mo
21044 Avg Rent
21044 Cost to Own
Rent$2,350
Own$3,070

20% down, 6.53% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

21044 Avg nightly rate
21044 Avg occupancy (days/year)
Nightly rate$160/night
Occupancy76 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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