Property tax rate
0.97%Median bill $4,093/yr · CensusMedian rent
$1,7052-bed $1,740Per month · CensusDays on market
47 days▲ 4 days vs last yearSeptember 2026 · Realtor.comWhat the numbers say
Maryland real estate at a glance
By AstroCore · Realtor.com, US Census and Freddie Mac data
In September 2026, the median home in Maryland listed for $425,000, down 4.0% from a year earlier.
Homes spent a median of 47 days on the market, slower than 43 days a year ago.
Homeowners in Maryland pay a median of $4,093 a year in property taxes on a median home value of $419,900, an effective rate of about 0.97%.
Renters pay a median of $1,705 a month, and $1,740 for a two-bedroom. At today's prices a typical home costs about 21 times a year's rent, which generally favors renting over buying in the short term.
With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $425,000 home here comes to about $2,839 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $122,000 a year (the median household here earns $103,678).
Monthly payment on a typical home
$2,839/mo- Principal & interest$2,317
- Property tax$345
- Insurance (est.)$177
$425,000 home · 20% down · 7.24% 30-year fixed
Run your own numbersRents in Maryland by bedrooms
Studio$1,450
1 bedroom$1,441
2 bedrooms$1,740
3 bedrooms$1,948
4 bedrooms$2,297
Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.
County by county
Every Maryland county compared
Lowest property tax rates
- Talbot County0.65%
- Worcester County0.73%
- Garrett County0.78%
- Queen Anne's County0.78%
- Washington County0.84%
Fastest-selling counties
- Howard County35 days
- Carroll County36 days
- Frederick County37 days
- Harford County37 days
- Anne Arundel County38 days
| County | Median list price | Days on market | Property tax | Median rent |
|---|---|---|---|---|
| Allegany County | $182,450 | 61 | 1.06% | $805 |
| Anne Arundel County | $524,945 | 38 | 0.85% | $2,071 |
| Baltimore County | $387,000 | 39 | 1.07% | $1,627 |
| Baltimore City | $200,000 | 62 | 1.46% | $1,331 |
| Calvert County | $530,000 | 45 | 0.84% | $1,759 |
| Caroline County | – | – | 0.90% | $1,105 |
| Carroll County | $529,975 | 36 | 0.91% | $1,427 |
| Cecil County | $425,000 | 49 | 0.89% | $1,377 |
| Charles County | $475,000 | 44 | 1.01% | $1,920 |
| Dorchester County | – | – | 0.94% | $1,032 |
| Frederick County | $539,974 | 37 | 0.99% | $1,774 |
| Garrett County | – | – | 0.78% | $765 |
| Harford County | $419,923 | 37 | 0.89% | $1,586 |
| Howard County | $607,500 | 35 | 1.17% | $2,099 |
| Kent County | – | – | 0.91% | $1,209 |
| Montgomery County | $599,900 | 40 | 0.87% | $2,068 |
| Prince George's County | $450,000 | 48 | 1.12% | $1,799 |
| Queen Anne's County | $595,000 | 62 | 0.78% | $1,619 |
| Somerset County | – | – | 0.92% | $1,013 |
| St. Mary's County | $452,475 | 42 | 0.84% | $1,747 |
| Talbot County | – | – | 0.65% | $1,256 |
| Washington County | $332,400 | 46 | 0.84% | $1,147 |
| Wicomico County | $302,400 | 64 | 0.85% | $1,327 |
| Worcester County | $472,425 | 76 | 0.73% | $1,159 |
Other states
- Alabama housing market
- Alaska housing market
- Arizona housing market
- Arkansas housing market
- California housing market
- Colorado housing market
- Connecticut housing market
- Delaware housing market
- District of Columbia housing market
- Florida housing market
- Georgia housing market
- Hawaii housing market
- Idaho housing market
- Illinois housing market
- Indiana housing market
- Iowa housing market
- Kansas housing market
- Kentucky housing market
- Louisiana housing market
- Maine housing market
- Massachusetts housing market
- Michigan housing market
- Minnesota housing market
- Mississippi housing market
- Missouri housing market
- Montana housing market
- Nebraska housing market
- Nevada housing market
- New Hampshire housing market
- New Jersey housing market
- New Mexico housing market
- New York housing market
- North Carolina housing market
- North Dakota housing market
- Ohio housing market
- Oklahoma housing market
- Oregon housing market
- Pennsylvania housing market
- Rhode Island housing market
- South Carolina housing market
- South Dakota housing market
- Tennessee housing market
- Texas housing market
- Utah housing market
- Vermont housing market
- Virginia housing market
- Washington housing market
- West Virginia housing market
- Wisconsin housing market
- Wyoming housing market
Real estate agent in Maryland?
We find motivated homeowners, qualify them, and book the call onto your calendar.
Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole state; individual homes vary. For information only.