Waldorf 20602

Charles County, MD · 9,085 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

64affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
21.9%
affordable
Days on market
47
daily
Price cuts
17.4%
of active
Valuation
-11.2%
vs assessor
Look up an address
68
/100
stable
stable · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

39/ 100SellerBalancedBuyer
Seller's Market
DOM: 65d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)25
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)50
Days on Market (5%)75

Seller-favored market in 20602. Expect to pay at or near list price. Payment burden: 21.9% of median income. Median days on market: 65. Renting is approximately 16% cheaper than buying (price-to-rent ratio: 13.9).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers. Prices down 1.3% YoY.

Address lookup$99 report path

Look Up an Address in 20602

Just type the street — we'll auto-scope the search to ZIP 20602.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$393,253
▾ 1.3% YoY
Days on market
47
daily · zip_data
Median rent
$2,364
ZORI
Investor score
72/100
cash-flow lens
Active listings
86
90-day

Valuation3 lenses, different anchors

vs assessor
-11.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$349,100
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+40.6%
County-wide market — the widest, slowest signal.
Charles+40.6%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$185
Price-to-income3.6×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 20602 ranks in MD
percentile vs all MD ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

17SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply13.5 mo
Days on Market47d
Inv vs History+35.6%
Listing Density--
Market dynamics
Price cut %17.4%
Momentumstable
LeverageBALANCED
Months of supply13.5
Sales (90d)0
Investment analysis
Median rent$2,364
Price-to-rent13.9
Est. cap rate4.7%
Buy vs rentfavors buying

Livability

Walk score—
Transit score17
Bike score—

Historical trends

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Charles County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes

20601
Waldorf
$441,609
-0.8%
20617
Bryantown
$562,894
+2.3%
20695
Waldorf
$480,847
-1.9%
20675
Pomfret
$476,354
-0.5%
20603
Waldorf
$485,719
-1.6%
20646
La Plata
$482,364
-0.3%
20613
Brandywine
$512,732
+0.7%
20637
Hughesville
$589,018
-1.0%
Washington DC Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Charles County