MD Home Values Keep Climbing: See County-By-County List

MARYLAND — The average home value in Maryland continued to climb in May with some counties reporting nearly 10 percent spikes compared to the same time last year, according to new data that revealed where in the state buying a home could cost you more.

Data compiled by the real estate website Zillow showed the typical home value in Maryland in May 2024 was $421,804, a 4 percent increase from May 2023.

The cost of a home in Maryland is also significantly higher than the nationwide average of $360,681.

Somerset County topped the list where home prices increased the most, according to the data, followed by Wicomico, Queen Anne's, and Cecil counties. Home values in Somerset County increased 9.1 percent in May compared to last.

Garrett County saw the smallest increase at 2.5 percent.

Currently, the most expensive homes in Maryland are located in Montgomery and Howard counties, where typical home values averaged around $620,000 in May, according to the report.

Here's a look at home values in each Maryland county and the percentage change from May 2023 to May 2024:

Allegany

• Average home value (May 2024): $146,580
• Percent change: 3.1 percent

Anne Arundel

• Average home value (May 2024): $489,362
• Percent change: 3.9 percent

Baltimore

• Average home value (May 2024): $347,576
• Percent change: 3.4 percent

Baltimore City

• Average home value (May 2024): $185,165
• Percent change: 5.7 percent

Calvert

• Average home value (May 2024): $466,286
• Percent change: 2.8 percent

Caroline

• Average home value (May 2024): $314,444
• Percent change: 6.8 percent

Carroll

• Average home value (May 2024): $469,926
• Percent change: 4.5 percent

Cecil

• Average home value (May 2024): $358,406
• Percent change: 6 percent

Charles

• Average home value (May 2024): $445,065
• Percent change: 3.2 percent

Dorchester

• Average home value (May 2024): $262,529
• Percent change: 5.9 percent

Frederick

• Average home value (May 2024): $489,885
• Percent change: 5.3 percent

Garrett

• Average home value (May 2024): $330,608
• Percent change: 2.5 percent

Harford

• Average home value (May 2024): $406,100
• Percent change: 4.3 percent

Howard

• Average home value (May 2024): $616,317
• Percent change: 5.1 percent

Kent

• Average home value (May 2024): $353,063
• Percent change: 5.4 percent

Montgomery

• Average home value (May 2024): $623,659
• Percent change: 4.7 percent

Prince George's County

• Average home value (May 2024): $425,057
• Percent change: 2.8 percent

Queen Anne's

• Average home value (May 2024): $497,183
• Percent change: 6.2 percent

Saint Mary's

• Average home value (May 2024): $408,244
• Percent change: 2.8 percent

Somerset

• Average home value (May 2024): $199,442
• Percent change: 9.2 percent

Talbot

• Average home value (May 2024): $480,148
• Percent change: 5.6 percent

Washington

• Average home value (May 2024): $313,817
• Percent change: 5.1 percent

Wicomico

• Average home value (May 2024): $262,498
• Percent change: 8.8 percent

Worcester

• Average home value (May 2024): $434,324
• Percent change: 5.3 percent