Maryland Home Values & Market Trends
There have been 81,943 properties sold in the Maryland real estate market trends. Median home values in the Maryland housing market are $416,105. The median residential home value for transactions over the last 12 months is 377,248. The State of Maryland currently has 2,773 properties in foreclosure, 491 bank owned properties, and 782 headed for auction.
Maryland Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Prince George's | $ 428,572 $ 253/sqft | Calvert | $ 465,403 $ 234/sqft |
Montgomery | $ 619,128 $ 317/sqft | Wicomico | $ 302,625 $ 172/sqft |
Baltimore | $ 354,977 $ 216/sqft | Queen Anne's | $ 541,804 $ 267/sqft |
Anne Arundel | $ 500,000 $ 274/sqft | Allegany | $ 147,555 $ 88/sqft |
Frederick | $ 472,826 $ 236/sqft | Cecil | $ 418,739 $ 196/sqft |
Harford | $ 418,029 $ 207/sqft | Dorchester | $ 317,450 $ 178/sqft |
Charles | $ 463,079 $ 215/sqft | Talbot | $ 565,455 $ 263/sqft |
Howard | $ 599,900 $ 276/sqft | Garrett | $ 474,000 $ 226/sqft |
Washington | $ 327,826 $ 185/sqft | Caroline | $ 315,000 $ 184/sqft |
Worcester | $ 440,000 $ 344/sqft | Kent | $ 365,000 $ 214/sqft |
Carroll | $ 472,577 $ 224/sqft | Somerset | $ 260,993 $ 159/sqft |
St. Mary's | $ 415,440 $ 203/sqft |
Housing Market Summary for Maryland
Jan 2024 | December 2024 | Change | |
---|---|---|---|
Median Listing Price | $349.9K | $360.5K | 3.01% |
Median Sold Price | $387.7K | $428.1K | 10.42% |
Homes For Sale | 7,746 | 8,590 | 10.90% |
Homes Sold | 47,892 | 47,381 | -1.07% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Maryland
Browse Homes in Maryland
There are currently 8,203 properties for sale in Maryland. The current home value ranges in price from 15,500 to 29,900,000. The total count of properties in the state is 62,694, and the percentage of properties for sale is 8203.00%.
- Pre-ForeclosurePre-foreclosure homes account for 2.39% of all residential properties in Maryland with Prince George's containing 416 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 23 counties within Maryland; of those counties, the estimated home value for pre-foreclosure homes ranges from $3,249,935 in Queen Anne's to the lowest home value of $27,476 in Allegany.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Maryland ranges from the highest value of $780,000 in Talbot to the lowest value of $28,500 in Allegany. Bank owned homes and properties account for 0.78% of properties in Maryland. There are 23 counties within Maryland; Prince George's containing 100 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsPrince George's has 168 auction properties, the highest number of properties going to auction in a single county in the state of Maryland. Auction homes and other auction properties account for 1.25% of all properties in Maryland. There are 23 counties within Maryland; of those counties, the median estimated home value for homes going to auction ranges from $1,670,000 in Washington to the lowest value of $34,950 in Washington.
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