The story of this market
The typical home in ZIP 21627 sells for about $425,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 21627 — Crocheron
The housing market in 21627 remains stable with low inventory and steady price appreciation driven by demand for waterfront and rural properties. While sales volume is modest, the market is supported by a consistent buyer base looking for lifestyle-oriented homes. Current conditions reflect a balanced market where supply constraints prevent significant price drops despite broader national economic headwinds.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with strong ties to the water, as well as those who can accommodate a longer commute to major employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 0.0% — 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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 21627, Talbot 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.
Crime rates in this rural area are generally low and stable, consistent with regional trends in the Eastern Shore of Maryland.
Schools serving this area are part of the local county public school system, which generally maintains average performance ratings compared to state benchmarks.
The area is subject to flood risks due to its proximity to the Chesapeake Bay and low-lying coastal topography, necessitating flood insurance for many properties.
Economic momentum is driven by agriculture, tourism, and proximity to regional employment hubs in the Baltimore-Washington corridor, with limited new large-scale development.
Property taxes are assessed at the county level with a standard homestead exemption for primary residences; no state-level income tax linkage applies to residential property.
Commuting typically requires personal vehicle use for travel to regional employment centers, as public transit options are minimal.
The area offers significant access to water-based recreation, including boating and fishing on the Chesapeake Bay, alongside local parks and rural trails.
The rental market is characterized by low inventory and high demand, with limited turnover and a small but active presence of seasonal or short-term vacation rentals.
The local economy is anchored by the maritime industry, agriculture, and a growing tourism sector focused on the Chesapeake Bay.
Transportation is heavily reliant on state highways; there is no significant public transit infrastructure.
Development is strictly managed by county zoning to preserve the rural and maritime character of the region.
The county appraisal district conducts triennial assessments to determine property values for tax purposes.
Parcels are subject to county property taxes and local school district levies; no major MUDs or PIDs are present.
Property insurance premiums are influenced by coastal hazard exposure, with flood insurance often required by lenders.
Net domestic migration is stable, with a slight trend of retirees moving to the area for the waterfront lifestyle.
Maryland is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Sellers are required to provide a residential property disclosure statement covering known material defects.
Data retrieved from data.census.gov using ZCTA 21627 profile.
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.
Historic fishing village offering scenic views and maritime heritage.
Popular channel for boating and local seafood dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.