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 $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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.

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#30. Friendship, MD

- Typical home value: $636,061
- 1-year price change: +0.7%
- 5-year price change: data not available

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#29. West River, MD

- Typical home value: $638,992
- 1-year price change: +1.5%
- 5-year price change: +14.9%

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#28. Lothian, MD

- Typical home value: $641,619
- 1-year price change: +1.5%
- 5-year price change: +11.6%

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#27. Glen Arm, MD

- Typical home value: $643,745
- 1-year price change: +2.8%
- 5-year price change: +18.1%

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#26. Woodstock, MD

- Typical home value: $648,929
- 1-year price change: +0.1%
- 5-year price change: +15.8%

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#25. Parkton, MD

- Typical home value: $650,055
- 1-year price change: +2.1%
- 5-year price change: +18.2%

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#24. Tracys Landing, MD

- Typical home value: $651,098
- 1-year price change: +2.9%
- 5-year price change: +16.6%

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#23. Queenstown, MD

- Typical home value: $654,209
- 1-year price change: +3.5%
- 5-year price change: +23.5%

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#22. Baldwin, MD

- Typical home value: $654,692
- 1-year price change: +3.2%
- 5-year price change: +20.0%

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#21. Galesville, MD

- Typical home value: $665,018
- 1-year price change: +0.1%
- 5-year price change: +12.0%

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#20. Riva, MD

- Typical home value: $667,101
- 1-year price change: +1.5%
- 5-year price change: +12.2%

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#19. Crownsville, MD

- Typical home value: $669,370
- 1-year price change: +1.5%
- 5-year price change: +16.6%

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#18. Hydes, MD

- Typical home value: $700,089
- 1-year price change: +4.4%
- 5-year price change: +16.7%

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#17. Marriottsville, MD

- Typical home value: $708,145
- 1-year price change: +1.0%
- 5-year price change: +16.3%

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#16. Monkton, MD

- Typical home value: $712,620
- 1-year price change: +2.1%
- 5-year price change: +16.5%

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#15. Ellicott City, MD

- Typical home value: $735,463
- 1-year price change: +0.7%
- 5-year price change: +17.1%

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#14. Severna Park, MD

- Typical home value: $751,155
- 1-year price change: +2.9%
- 5-year price change: +17.8%

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#13. Phoenix, MD

- Typical home value: $752,299
- 1-year price change: +2.3%
- 5-year price change: +21.7%

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#12. Harwood, MD

- Typical home value: $759,208
- 1-year price change: +3.6%
- 5-year price change: +16.4%

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#11. Woodbine, MD

- Typical home value: $812,625
- 1-year price change: +2.2%
- 5-year price change: +19.0%

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#10. Cooksville, MD

- Typical home value: $933,344
- 1-year price change: +0.8%
- 5-year price change: +19.6%

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#9. Davidsonville, MD

- Typical home value: $966,979
- 1-year price change: +3.4%
- 5-year price change: +21.8%

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#8. Fulton, MD

- Typical home value: $978,206
- 1-year price change: +1.7%
- 5-year price change: +20.9%

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#7. Glenelg, MD

- Typical home value: $980,048
- 1-year price change: +0.9%
- 5-year price change: +19.1%

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#6. Highland, MD

- Typical home value: $1,014,361
- 1-year price change: +2.3%
- 5-year price change: +21.6%

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#5. West Friendship, MD

- Typical home value: $1,033,418
- 1-year price change: +1.8%
- 5-year price change: +21.3%

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#4. Glenwood, MD

- Typical home value: $1,046,171
- 1-year price change: +2.4%
- 5-year price change: +25.4%

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#3. Clarksville, MD

- Typical home value: $1,049,187
- 1-year price change: +2.2%
- 5-year price change: +25.7%

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#2. Dayton, MD

- Typical home value: $1,095,463
- 1-year price change: +3.3%
- 5-year price change: +28.3%

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30 / 30

#1. Gibson Island, MD

- Typical home value: $3,030,104
- 1-year price change: +9.5%
- 5-year price change: +36.7%

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