Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$424,890−0.1% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$92,107About 0.9× the local median income ($102,835): affordable for a typical household
Days on market48 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.8%Zillow expects prices to rise slightly
The typical home in Maryland is worth $424,890, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $435,240, so the area is 2.4% undervalued. It is a buyer's market: homes take about 48 days to sell, listings are up 19% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 0.8% over the next year. A household needs about $92,107 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $102,835. In the latest IRS figures, 20,907 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$424,890
Change in 1 year
−0.1%
Overvalued %
−2.4%
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Fair home value
$435,240
Change in 5 years
+13.3%
Zillow forecast, next 12 months
+0.8%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$2,303
Income needed to afford it
$92,107
Property tax rate
0.97%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$2,104
Market activity
Listings vs a year ago
+19.3%
Days on market
48
Listings with a price cut
21.8%
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Homes for sale
18,230
Pending sales per 100 listings
36
Asking price per sq ft
$227
People and jobs
Median household income
$102,835
Population change (1 year)
+0.3%
Unemployment rate
4.9%
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Population
6,265,347
Income adjusted for cost of living
$97,938
Net moves in (IRS)
−20,907
Cost of living (US = 100)
105.0
Schools, risk and environment
FEMA hazard risk score (0 to 100)
80.6
Unhealthy air days a year
2
Flood risk score
84.7
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Wildfire risk score
33.5
Walkability (1 to 20)
10.2
Road, rail and air noise
54 dB
Questions people ask
Is Maryland overvalued?
Home prices in Maryland are slightly below what local incomes have historically supported: fair value is about $435,240, so the area is 2.4% undervalued.
Is Maryland a buyer's or seller's market?
Maryland is a buyer's market: homes take about 48 days to sell, listings are up 19% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Maryland?
Home values in Maryland are down 0.1% over the last year. Zillow's forecast for the next 12 months is +0.8%.
How much do you need to earn to buy a home in Maryland?
A household needs about $92,107 a year to afford the typical home in Maryland at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $102,835.