Maryland Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Maryland's housing market is heavily influenced by federal government spending and military operations. The D.C. suburbs (Montgomery and Prince George's Counties) see consistent demand from government workers and contractors. Howard County, home to Columbia, remains one of Maryland's most desirable and expensive markets. Baltimore City has seen selective gentrification in neighborhoods like Canton, Federal Hill, and Hampden, while many other neighborhoods remain deeply affordable. The Eastern Shore offers waterfront living at a fraction of Western Shore prices, attracting retirees and remote workers.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Maryland?

The Maryland housing market is showing balanced conditions.

home values have grown a moderate 0.2% year-over-year. there are currently 1,722 homes on the market.

Median Home Value

$423,956

Zillow Home Value Index

Year-over-Year

+0.2%

Home value change

5-Year Change

+21.3%

Since 2021

Median Rent

$1,749/mo

Zillow Observed Rent Index

Active Listings

1,722

Homes for sale

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: $1,749/mo (+2.7% YoY)

Rent vs. Buy Analysis

With a median home value of $423,956 and average rent of $1,749/mo, the price-to-rent ratio in Maryland is 20.2. A ratio of 15-21 means it could go either way — run the numbers.

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