Maryland housing market: home prices by city and forecast
Maryland home prices: according to the Zillow Home Value Index, a typical home was worth $424,890 in September 2026. It was down 0.1% from a year earlier.
- Value of a typical home
- $424,890September 2026, Zillow ZHVI
- Change over 12 months
- −0.1%US +1.2%
- Change over 10 years
- +50.0%US +77.4%
- Growth multiple from 2000
- ×2.80US ×2.99
- Price compared with income
- 4.1, on a median income of $102,905.
Among the 50 states and DC, ranked highest first, the position for typical home value is 17th. The 12-month change ranks 41st, growth since 2000 ranks 24th of 47, and price to income ranks 31st.
Maryland home prices since 2000
In Maryland, a typical home's value increased from $151,707 in January 2000 to $424,890. The peak came in April 2026, when the value reached $426,221.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $154,052 | $163,634 | $180,103 | $204,665 | $239,140 | $290,509 | $335,458 | $341,570 | $315,135 | $276,178 |
| 2010s | $260,823 | $245,949 | $241,595 | $254,342 | $267,925 | $274,582 | $282,582 | $292,764 | $303,078 | $313,565 |
| 2020s | $328,394 | $367,000 | $394,575 | $403,766 | $417,061 | $425,317 |
Maryland home prices since 1975: the FHFA index
Using FHFA's repeat-sales index (1975 = 100), Maryland stood at 1106 in 2025. By Q2 2026, the index had gained +2.2% over a year earlier.
Owner-reported values from the Census of Housing show Maryland at $3,031 in 1940 and $146,000 in 2000.
| Census year | Maryland median value | US median value |
|---|---|---|
| 1940 | $3,031 | $2,938 |
| 1950 | $8,033 | $7,354 |
| 1960 | $11,900 | $11,900 |
| 1970 | $18,700 | $17,000 |
| 1980 | $58,300 | $47,200 |
| 1990 | $116,500 | $79,100 |
| 2000 | $146,000 | $119,600 |
These numbers carry no inflation adjustment. Census of Housing tables
Home prices in Maryland by city
Here, pages for 3 cities are listed, largest first:
| City | Value of a typical home | Change over 12 months | Growth multiple from 2000 |
|---|---|---|---|
| Baltimore | $184,804 | −3.7% | ×2.83 |
| Frederick | $456,642 | −1.1% | ×2.80 |
| Annapolis | $622,074 | +2.4% | ×3.22 |
| Silver Spring | $536,271 | −0.1% | |
| Laurel | $468,676 | −0.7% | |
| Rockville | $595,387 | −0.3% | |
| Gaithersburg | $513,386 | −1.3% | |
| Columbia | $502,496 | +0.5% | |
| Bowie | $514,771 | −0.7% | |
| Glen Burnie | $391,268 | +0.1% | |
| Ellicott City | $725,922 | +1.0% | |
| Waldorf | $427,299 | −1.9% | |
| Germantown | $413,590 | −2.0% | |
| Bethesda | $1,126,394 | +1.3% | |
| Hagerstown | $299,551 | 0% |
Zillow Home Value Index, September 2026.
Maryland price forecasts for metropolitan areas
Zillow's 12-month forecasts (September 2026 for 2 Maryland metros) range from +0.6% to +0.6%:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Baltimore, MD | −0.2% | +0.6% |
| Washington, DC | −0.3% | +0.6% |
This is Zillow's estimate, not investment advice.
Maryland cost of living
Maryland has a price level of 105.0 (US 100). Housing is 121.1, goods are 102.5, utilities are 110.9, and other services are 101.6 (BEA). Median household income is $102,905, while median gross rent is $1,721 each month (Census ACS 2024). Of all homes, 68% are owner-occupied, and the median year built is 1980.
See all states in cost of living by state, or city-level information for Baltimore.
How to read the chart
The first chart is measured in dollars, and its high point came in April 2026 at $426,221. The second chart uses an index, and Maryland's line ends at 1106. Prices there are 11.1 times the level they had in 1975. No inflation adjustment applies to either of them.