Cities with the most expensive homes in the Baltimore metro area
Cities with the most expensive homes in the Baltimore metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Baltimore metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 114 cities and towns.
#30. West River, MD
- Typical home value: $617,950
- 1-year price change: +0.4%
- 5-year price change: +20.0%
#29. Friendship, MD
- Typical home value: $619,851
- 1-year price change: +1.0%
- 5-year price change: data not available
#28. Lothian, MD
- Typical home value: $621,172
- 1-year price change: +1.2%
- 5-year price change: +16.2%
#27. Glen Arm, MD
- Typical home value: $621,523
- 1-year price change: +1.7%
- 5-year price change: +23.7%
#26. Parkton, MD
- Typical home value: $628,368
- 1-year price change: +2.5%
- 5-year price change: +24.8%
#25. Tracys Landing, MD
- Typical home value: $630,415
- 1-year price change: +3.0%
- 5-year price change: +22.8%
#24. Baldwin, MD
- Typical home value: $634,923
- 1-year price change: +2.2%
- 5-year price change: +25.9%
#23. Woodstock, MD
- Typical home value: $639,241
- 1-year price change: -0.4%
- 5-year price change: +23.3%
#22. Queenstown, MD
- Typical home value: $640,331
- 1-year price change: +3.2%
- 5-year price change: +30.9%
#21. Galesville, MD
- Typical home value: $648,522
- 1-year price change: -0.1%
- 5-year price change: +17.8%
#20. Riva, MD
- Typical home value: $648,636
- 1-year price change: +1.3%
- 5-year price change: +18.0%
#19. Crownsville, MD
- Typical home value: $650,460
- 1-year price change: +0.5%
- 5-year price change: +22.5%
#18. Hydes, MD
- Typical home value: $682,630
- 1-year price change: +3.9%
- 5-year price change: +22.4%
#17. Monkton, MD
- Typical home value: $690,774
- 1-year price change: +2.1%
- 5-year price change: +22.8%
#16. Marriottsville, MD
- Typical home value: $696,959
- 1-year price change: +1.1%
- 5-year price change: +24.4%
#15. Ellicott City, MD
- Typical home value: $723,949
- 1-year price change: -0.4%
- 5-year price change: +23.2%
#14. Harwood, MD
- Typical home value: $725,962
- 1-year price change: +2.5%
- 5-year price change: +20.9%
#13. Severna Park, MD
- Typical home value: $727,153
- 1-year price change: +2.1%
- 5-year price change: +23.4%
#12. Phoenix, MD
- Typical home value: $728,860
- 1-year price change: +1.8%
- 5-year price change: +29.4%
#11. Woodbine, MD
- Typical home value: $793,469
- 1-year price change: +1.4%
- 5-year price change: +27.6%
#10. Cooksville, MD
- Typical home value: $921,448
- 1-year price change: +0.0%
- 5-year price change: +29.1%
#9. Davidsonville, MD
- Typical home value: $933,737
- 1-year price change: +3.4%
- 5-year price change: +29.3%
#8. Glenelg, MD
- Typical home value: $959,388
- 1-year price change: +0.3%
- 5-year price change: +28.6%
#7. Fulton, MD
- Typical home value: $973,099
- 1-year price change: +1.5%
- 5-year price change: +29.4%
#6. Highland, MD
- Typical home value: $998,382
- 1-year price change: +0.4%
- 5-year price change: +30.8%
#5. West Friendship, MD
- Typical home value: $1,006,623
- 1-year price change: +1.5%
- 5-year price change: +29.9%
#4. Clarksville, MD
- Typical home value: $1,023,678
- 1-year price change: +1.9%
- 5-year price change: +33.4%
#3. Glenwood, MD
- Typical home value: $1,025,767
- 1-year price change: +1.3%
- 5-year price change: +35.9%
#2. Dayton, MD
- Typical home value: $1,070,389
- 1-year price change: +2.0%
- 5-year price change: +38.4%
#1. Gibson Island, MD
- Typical home value: $2,973,125
- 1-year price change: +11.0%
- 5-year price change: +48.6%