The story of this market
The typical home in ZIP 21531 sells for about $238,333, or $69 per square foot.
Prices are down 35% from a year ago, which gives buyers more room to negotiate. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,010 a month.
ZIP 21531 — Friendsville
The Friendsville housing market is currently a buyer's market with low inventory and limited sales volume. Prices have seen a significant year-over-year decline, reflecting the rural nature and low turnover of the area. Data for specific metrics like price cuts and months of supply are limited or not determinable at the ZIP level.
This ZIP is best suited for those seeking a rural, quiet lifestyle, including retirees or those looking for affordable single-family detached homes.
Median prices moved down 35.0% year over year.
Homes spend a median of 84 days on market with 4.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 97.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 11.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -0.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 0.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 21531, Garrett County, MD
Public schools serving the area include Friendsville Elementary, Northern Middle, and Northern Garrett High School.
The area is subject to standard regional climate risks; specific flood or wildfire insurance posture is not determinable.
The local economy is characterized by agriculture, mining, and small-scale services with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
The area is rural, requiring significant drive times to regional employment centers in Garrett County or neighboring states.
The area features access to rural outdoor amenities, including proximity to the Youghiogheny River and local park spaces.
The rental market is limited with few available comps; HUD Fair Market Rent for a two-bedroom unit is $1,010.
The economy is primarily driven by agriculture, mining, and small-scale local services.
Transportation is heavily reliant on private vehicle use due to the rural nature of the geography.
No major large-scale commercial or residential developments are currently reported for this ZIP.
Garrett County manages property assessments; specific appraisal methodologies are not determinable.
Parcels are subject to standard county and school district levies.
Property insurance availability and premiums are subject to regional rural risk factors.
Data retrieved from ZCTA-level census profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Notable for recreational activities and scenic value.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.