What is the median home value in Drum Point, MD?

The median value of owner-occupied homes in Drum Point, MD is $415,800 (±$58,113), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Drum Point, the median home value went from $268,200 in 2015–2019 to $415,800 in 2020–2024 (+55.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$415,800 (±$58,113)
Owner-occupied homes
1,034 (±241)
Most common range
$300,000 to $499,999

Home values in Drum Point

Owner-occupied homes by value, 2020–2024
ValueDrum PointCalvert CountyMarylandUnited States
Less than $50,0000.0% (±4.0 points)1.9%3.0%5.3%
$50,000 to $99,9990.0% (±4.0 points)0.5%2.0%6.1%
$100,000 to $149,9990.0% (±4.0 points)0.1%2.7%6.8%
$150,000 to $199,9990.0% (±4.0 points)1.4%4.8%9.0%
$200,000 to $299,9999.0% (±7.0 points)13.6%14.8%17.8%
$300,000 to $499,99959.1% (±14.1 points)41.7%37.1%26.9%
$500,000 to $999,99930.2% (±14.1 points)38.2%29.7%20.9%
$1,000,000 or more1.7% (±3.0 points)2.6%6.0%7.1%

The most common range is $300,000 to $499,999, 59.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Drum Point against Calvert County, its state and the nation

Estimate (90% margin of error)
Drum PointCalvert CountyMarylandUnited States
Median home value$415,800 (±$58,113)$460,200 (±$7,584)$419,900 (±$1,385)$332,700
Owner-occupied homes1,034 (±241)29,183 (±567)1,597,565 (±8,362)84,210,142

In Drum Point, the median home value is not measurably different from Calvert County ($460,200).

It is not measurably different from Maryland ($419,900).

It is higher than the national figure ($332,700).

In Calvert County, Drum Point ranks 8 of 12 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 183 of 381.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Drum Point have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$268,200 (±$33,589)$415,800 (±$58,113)+55.0%Up after inflation
Median owner cost with a mortgage$1,909 (±$318)$2,278 (±$145)+19.3%No measurable change after inflation
Median real estate taxes$2,889 (±$309)$3,040 (±$563)+5.2%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Drum Point

Nearest places with a published estimate, compared with Drum Point
PlaceDistanceMedian home valueCompared with this place
Drum Point—$415,800 (±$58,113)—
Solomons1.5 mi$436,800 (±$63,433)Not measurably different
Chesapeake Ranch Estates2.1 mi$286,700 (±$9,161)Lower
Lusby2.2 mi$423,800 (±$131,596)Not measurably different
California3.8 mi$346,800 (±$13,664)Lower
Lexington Park5.6 mi$309,700 (±$26,205)Lower
Wildewood6.3 mi$383,400 (±$27,665)Not measurably different
Long Beach9.1 mi$441,000 (±$25,113)Not measurably different
Calvert Beach10 mi$323,300 (±$45,721)Lower

Nearby places with a measurably lower figure: Chesapeake Ranch Estates, MD ($286,700), California, MD ($346,800), Lexington Park, MD ($309,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Calvert County, place by place

RankPlaceMedian home value
2Huntingtown$589,900 (±$38,885)
3Dunkirk$561,300 (±$59,415)
4Chesapeake Beach$444,600 (±$35,629)
5Long Beach$441,000 (±$25,113)
6Solomons$436,800 (±$63,433)
7Lusby$423,800 (±$131,596)
8Drum Point$415,800 (±$58,113)
9Prince Frederick$404,400 (±$31,921)
10North Beach$394,000 (±$35,880)
11Calvert Beach$323,300 (±$45,721)
12Chesapeake Ranch Estates$286,700 (±$9,161)

Showing 11 of 12 places in Calvert County, ranked from highest to lowest.

Drum Point is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Drum Point

What is the average home value in Drum Point, MD?

The Census Bureau publishes the median: $415,800 (±$58,113) for owner-occupied homes in Drum Point (2020–2024 American Community Survey).

Have home values in Drum Point gone up?

In Drum Point, the median home value went from $268,200 in 2015–2019 to $415,800 in 2020–2024 (+55.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Drum Point sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Drum Point CDP, Maryland (place:23700, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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