Maryland Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-03-03

Is Now a Good Time to Buy in Maryland?

The Maryland housing market is showing balanced conditions.

home values have grown a moderate 0.3% year-over-year. there are currently 1,862 homes on the market.

Median Home Value

$420,762

Zillow Home Value Index

Year-over-Year

+0.3%

Home value change

5-Year Change

+22.7%

Since 2021

Median Rent

$1,761/mo

Zillow Observed Rent Index

Active Listings

1,862

Homes for sale

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Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Maryland vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Maryland: $1,761/mo (+2.5% YoY)

Rent vs. Buy Analysis

With a median home value of $420,762 and average rent of $1,761/mo, the price-to-rent ratio in Maryland is 19.9. A ratio of 15-21 means it could go either way — run the numbers.

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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.

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