The story of this market
The typical home in ZIP 20776 sells for about $1,007,950, or $195 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,570 a month.
ZIP 20776 — Harwood
The Harwood housing market shows steady appreciation with a median home value of approximately $774,538, reflecting a 3.4% year-over-year increase. Inventory remains extremely tight with only 14 active listings, driving a competitive environment for buyers despite the high price point. The market is characterized by low turnover and high owner-occupancy, typical of this stable, rural-suburban enclave.
This ZIP is best suited for family buyers and those seeking a quiet, rural-suburban lifestyle with access to the broader Baltimore-Washington metro area.
Median prices moved up 3.4% year over year.
Homes spend a median of 70 days on market with 1.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 2.8% — 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 4.5%/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 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 20776, Anne Arundel County, MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Harwood is a rural community with low reported crime rates, significantly lower than the regional averages for Anne Arundel County.
The area is served by the Anne Arundel County Public Schools system, which generally maintains a stable reputation within the region.
The area is subject to standard regional flood and wind risks associated with the Chesapeake Bay watershed and Maryland coastal climate.
Harwood is a rural-suburban community with limited large-scale commercial development, primarily serving as a residential enclave within the Baltimore-Washington corridor.
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.
Residents typically rely on personal vehicles for commutes to employment hubs in Annapolis, Baltimore, or Washington, D.C., via major corridors like MD-2 and US-301.
The area features access to rural landscapes, local parks, and proximity to the Patuxent River and Chesapeake Bay for outdoor activities.
The rental market is limited in depth, with HUD-measured fair market rents showing significant upward pressure in recent years.
The local economy is largely residential, with residents commuting to major employers in the Baltimore-Columbia-Towson MSA and the Annapolis area.
Transportation is heavily dependent on private vehicle use, with access to major highways connecting to the broader Maryland metro regions.
Development is primarily low-density residential, with no major high-density commercial projects currently reported.
The Anne Arundel County Office of Finance and Assessment manages property valuations and tax collections.
Parcels are subject to Anne Arundel County property taxes and standard school district levies.
Property insurance premiums are influenced by regional coastal and storm-related risk factors.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Provides significant recreational access and natural scenery.
The area is known for rural trails and equestrian-friendly spaces.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.