Howard County, MD Home Values & Market Trends

The median home price in Howard County, MD is $596,935.36. There were 3,487 home sales in Howard County, MD over the past 12 months. The median residential Howard County, MD home value for transactions over the previous year is $534,668.886. The number of current listings in Howard County, MD is 348, and the percentage of properties for sale is 348.00%. The county has 66 foreclosures, 12 bank owned properties, 23 headed for auction, and 348 properties for sale.

Howard County, MD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Laurel

$ 439,450

$ 232/sqft

Woodstock

$ 607,321

$ 236/sqft

Columbia

$ 482,167

$ 267/sqft

Dayton

$ 1,330,969

$ 304/sqft

Ellicott City

$ 692,088

$ 272/sqft

West Friendship

$ 1,084,600

$ 256/sqft

Elkridge

$ 445,250

$ 244/sqft

Cooksville

$ 1,197,843

$ 208/sqft

Clarksville

$ 1,033,005

$ 271/sqft

Glenelg

$ 953,047

$ 329/sqft

Woodbine

$ 962,635

$ 263/sqft

Savage

$ 459,615

$ 292/sqft

Glenwood

$ 1,174,068

$ 228/sqft

Highland

$ 1,318,604

$ 290/sqft

Fulton

$ 896,700

$ 244/sqft

Annapolis Junction

$ --

$ --

Jessup

$ 556,317

$ 288/sqft

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Housing Market Summary for Howard County, MD

Apr 2023March 2024Change
Median Listing Price$499.9K$565K13.03%
Median Sold Price$530K$565K6.62%
Homes For Sale342306-10.53%
Homes Sold1,9311,745-9.63%
Price
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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%.

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Browse Homes in Howard County, MD

Howard County, MD home values range from $24,988 to $15,997,868. Glenwood is the priciest city with a median listing home price of $1,274,995, and Elkridge is most affordable with average house prices of around $379,900.

Foreclosure
There are 17 cities within Howard County, MD; within these cities, the median estimated home value for homes in foreclosure ranges from $1,507,382 in Laurel to the lowest value of $156,531 in Laurel. Foreclosure homes account for 0.00% of properties in Howard County, MD with Laurel containing 45 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Howard County, MD with Laurel containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Howard County, MD; of those cities, the estimated home value for pre-foreclosure homes ranges from $806,209 in West Friendship to the lowest home value of $234,727 in Columbia.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Howard County, MD ranges from the highest value of $425,000 in Elkridge to the lowest value of $156,531 in Laurel. Bank owned homes and properties account for 0.01% of properties in Howard County, MD. There are 17 cities within Howard County, MD; Columbia containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Laurel has 12 auction properties, the highest number of properties going to auction in a single city in the state of Howard County, MD. Auction homes and other auction properties account for 0.02% of all properties in Howard County, MD. There are 17 cities within Howard County, MD; of those cities, the median estimated home value for homes going to auction ranges from $813,334 in Cooksville to the lowest value of $254,283 in Cooksville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Howard County, MD with Laurel containing 116 homes for sale, the highest number of listed properties in a single city. There are 17 cities within Howard County, MD; homes for sale in those cities, have a range of median values from $1,445,158 in Cooksville to the lowest value of $160,000 in Laurel.
    Sold Homes
    The median value for recently sold homes ranges from $1,049,475 in Dayton to the lowest price of $80,720 in Dayton. There are 17 cities within Howard County, MD. Laurel has 630 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.88% of properties in Howard County, MD.

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      Guide for Howard County, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
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      How To Make Adjustments to Your Household Budget When Interest Rates Are High
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      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.