Cities with the priciest residences in Maryland
Acquiring a residence is among the foremost significant investments one can make. Beyond merely a dwelling, property ownership is a resource that has the capability to significantly appreciate in worth. Yet with property costs reaching unprecedented levels, affordability is a critical concern for purchasers.
The average home value in the United States was $360,385 in October, marking a 2.4% increase from the previous year.
Elevated mortgage rates are also rendering monthly payments more burdensome; on November 14, the 30-year fixed mortgage rate was recorded at 6.78%.
While property values have surged across the nation, certain locations demand a steeper price tag than others. Factors such as location, size, age, and condition all play a vital role in determining home value.
Stacker has assembled a compilation of municipalities with the priciest homes in Maryland, utilizing information from Zillow. The cities are ranked based on the Zillow Home Values Index for all residences as of October 2024. The graphs featured in this article were generated automatically using Matplotlib.
Metropolitan areas with the highest number of cities among the top 30 in Maryland
#1. Washington-Arlington-Alexandria, DC-VA-MD-WV: 15
#2. Baltimore-Columbia-Towson, MD: 12
#3. Easton, MD: 3
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#30. Phoenix
– Average home value: $723,918
– 1-year price change: +4.6%
– 5-year price change: +35.2%
– Metro area: Baltimore-Columbia-Towson, MD
#29. Spencerville
– Average home value: $753,568
– 1-year price change: +2.1%
– 5-year price change: +29.9%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#28. Woodbine
– Average home value: $767,577
– 1-year price change: +4.1%
– 5-year price change: +37.0%
– Metro area: Baltimore-Columbia-Towson, MD
#27. Brookeville
– Average home value: $775,719
– 1-year price change: +3.8%
– 5-year price change: +30.6%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#26. Dickerson
– Average home value: $778,259
– 1-year price change: +3.7%
– 5-year price change: +31.2%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
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#25. Kensington
– Average home value: $782,565
– 1-year price change: +3.2%
– 5-year price change: +28.4%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#24. Ashton
– Average home value: $811,499
– 1-year price change: +3.1%
– 5-year price change: +29.3%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#23. Boyds
– Average home value: $829,509
– 1-year price change: +4.6%
– 5-year price change: +36.3%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#22. Bozman
– Average home value: $834,722
– 1-year price change: +9.2%
– 5-year price change: +64.9%
– Metro area: Easton, MD
#21. Sandy Spring
– Average home value: $853,293
– 1-year price change: +3.5%
– 5-year price change: +33.0%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
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#20. North Potomac
– Average home value: $878,279
– 1-year price change: +4.1%
– 5-year price change: +29.7%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#19. Davidsonville
– Average home value: $890,898
– 1-year price change: +3.9%
– 5-year price change: +37.2%
– Metro area: Baltimore-Columbia-Towson, MD
#18. Cooksville
– Average home value: $899,708
– 1-year price change: +4.8%
– 5-year price change: +37.7%
– Metro area: Baltimore-Columbia-Towson, MD
#17. Oxford
– Average home value: $919,693
– 1-year price change: +3.8%
– 5-year price change: +51.1%
– Metro area: Easton, MD
#16. Glenelg
– Average home value: $938,507
– 1-year price change: +3.9%
– 5-year price change: +37.7%
– Metro area: Baltimore-Columbia-Towson, MD
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#15. Fulton
– Average home value: $961,513
– 1-year price change: +5.3%
– 5-year price change: +36.4%
– Metro area: Baltimore-Columbia-Towson, MD
#14. Highland
– Average home value: $972,460
– 1-year price change: +4.8%
– 5-year price change: +38.3%
– Metro area: Baltimore-Columbia-Towson, MD
#13. Darnestown
– Average home value: $977,576
– 1-year price change: +3.2%
– 5-year price change: +34.2%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#12. Glenwood
– Average home value: $1,003,096
– 1-year price change: +4.9%
– 5-year price change: +43.3%
– Metro area: Baltimore-Columbia-Towson, MD
#11. Clarksville
– Average home value: $1,008,673
– 1-year price change: +5.7%
– 5-year price change: +38.2%
– Metro area: Baltimore-Columbia-Towson, MD
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#10. West Friendship
– Average home value: $1,011,536
– 1-year price change: +2.7%
– 5-year price change: +37.5%
– Metro area: Baltimore-Columbia-Towson, MD
#9. Dayton
– Average home value: $1,034,459
– 1-year price change: +5.8%
– 5-year price change: +44.3%
– Metro area: Baltimore-Columbia-Towson, MD
#8. Garrett Park
– Average home value: $1,036,249
– 1-year price change: +3.2%
– 5-year price change: +26.4%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#7. Bethesda
– Average home value: $1,144,798
– 1-year price change: +3.1%
– 5-year price change: +27.9%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#6. Royal Oak
– Average home value: $1,170,951
– 1-year price change: +13.4%
– 5-year price change: +83.9%
– Metro area: Easton, MD
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#5. Cabin John
– Average home value: $1,245,504
– 1-year price change: +5.5%
– 5-year price change: +31.2%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#4. Potomac
– Average home value: $1,319,638
– 1-year price change: +5.7%
– 5-year price change: +37.3%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#3. Chevy Chase
– Average home value: $1,399,264
– 1-year price change: +2.9%
– 5-year price change: +31.3%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#2. Chevy Chase View
– Average home value: $1,461,573
– 1-year price change: +2.4%
– 5-year price change: +33.6%
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
#1. Gibson Island
– Average home value: $2,932,550
– 1-year price change: +3.0%
– 5-year price change: +53.4%
– Metro area: Baltimore-Columbia-Towson, MD
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By Stacker
