Maryland · Home Values · 2024
Maryland home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in Maryland is $419,900. Across the 24 counties measured, home values range from $154,900 in Allegany, MD to $640,300 in Montgomery, MD.
Maryland median home value, 2024
Most expensive counties in Maryland
| County | Median home value |
|---|---|
| Montgomery, MD | $640,300 |
| Howard, MD | $597,900 |
| Anne Arundel, MD | $467,900 |
| Frederick, MD | $464,600 |
| Queen Anne's, MD | $462,700 |
Most affordable counties in Maryland
| County | Median home value |
|---|---|
| Allegany, MD | $154,900 |
| Somerset, MD | $173,200 |
| Baltimore, MD | $229,600 |
| Garrett, MD | $235,300 |
| Wicomico, MD | $254,700 |
Average vs median home price — what's the difference?
The figure $419,900 is the median home value reported by the US Census Bureau — the middle value when every owner-occupied home in Maryland is sorted by price. Median is the standard measure used in housing reporting because it is not skewed by a small number of very expensive properties. The "average" home price searched for online almost always refers to this median value; true arithmetic averages tend to be 10–30% higher than the median in markets with high-end outliers, but the Census does not publish that figure.
For Maryland specifically, the Census also reports a median monthly rent of $1,705 and a price-to-income ratio of 4.1×. Both are sourced from the same 2020–2024 ACS 5-Year Estimates release.
Explore Maryland on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open Maryland on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare Maryland side-by-side with the national rankings: