Home Values

Maryland Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$254,400

  • 1.9% 1-year change
  • 1.3% 1-year forecast

The median home value in Maryland is $254,400. Maryland home values have gone up 1.9% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Maryland is None. The median rent price in Maryland is $1,600.

Foreclosures will be a factor impacting home values in the next several years. In Maryland 6.8 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Maryland is 8.7%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Maryland homeowners underwater on their mortgage is 22.4%.

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Relative ZHVI
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Maryland Market Overview

Data through Apr 30, 2015
  • $254,400 ZHVI
  • 1.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $263,985 Median sale price
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Maryland Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • 133 Average days on Zillow (Mar 31, 2015)
  • 22.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

6.8 homes Maryland
3.9 homes United States
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Cities in Maryland

Name Median ZHVI
Annapolis $366,700
Silver Spring $355,800
Columbia $326,400
Name Median ZHVI
Bowie $278,900
Germantown $278,200
Laurel $268,600
Name Median ZHVI
Frederick $239,900
Glen Burnie $218,600
Baltimore $102,200

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $164 Median sale price / sq ft
  • No data Listings with price cut
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Maryland Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,781 Maryland
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,600 Rent list price
  • $1.38 Rent list price / sq ft
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