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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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: $647,113
- 1-year price change: +1.0%
- 5-year price change: +14.9%
#29. Friendship, MD
- Typical home value: $648,791
- 1-year price change: +0.7%
- 5-year price change: data not available
#28. Lothian, MD
- Typical home value: $649,253
- 1-year price change: +1.1%
- 5-year price change: +10.8%
#27. Glen Arm, MD
- Typical home value: $657,493
- 1-year price change: +2.4%
- 5-year price change: +18.4%
#26. Parkton, MD
- Typical home value: $658,268
- 1-year price change: +1.8%
- 5-year price change: +18.5%
#25. Woodstock, MD
- Typical home value: $658,599
- 1-year price change: -0.7%
- 5-year price change: +17.6%
#24. Queenstown, MD
- Typical home value: $661,655
- 1-year price change: +3.5%
- 5-year price change: +24.6%
#23. Tracys Landing, MD
- Typical home value: $662,958
- 1-year price change: +2.9%
- 5-year price change: +16.7%
#22. Baldwin, MD
- Typical home value: $666,466
- 1-year price change: +2.9%
- 5-year price change: +20.4%
#21. Riva, MD
- Typical home value: $679,497
- 1-year price change: +2.0%
- 5-year price change: +12.4%
#20. Galesville, MD
- Typical home value: $679,894
- 1-year price change: -0.6%
- 5-year price change: +11.7%
#19. Crownsville, MD
- Typical home value: $681,448
- 1-year price change: +1.1%
- 5-year price change: +17.1%
#18. Hydes, MD
- Typical home value: $713,566
- 1-year price change: +4.7%
- 5-year price change: +17.0%
#17. Marriottsville, MD
- Typical home value: $715,955
- 1-year price change: +0.6%
- 5-year price change: +17.6%
#16. Monkton, MD
- Typical home value: $729,043
- 1-year price change: +2.0%
- 5-year price change: +17.3%
#15. Ellicott City, MD
- Typical home value: $748,152
- 1-year price change: -0.2%
- 5-year price change: +17.6%
#14. Severna Park, MD
- Typical home value: $762,573
- 1-year price change: +2.5%
- 5-year price change: +17.6%
#13. Harwood, MD
- Typical home value: $764,471
- 1-year price change: +2.8%
- 5-year price change: +15.3%
#12. Phoenix, MD
- Typical home value: $767,925
- 1-year price change: +1.8%
- 5-year price change: +22.4%
#11. Woodbine, MD
- Typical home value: $826,998
- 1-year price change: +1.8%
- 5-year price change: +20.3%
#10. Cooksville, MD
- Typical home value: $951,260
- 1-year price change: -0.4%
- 5-year price change: +21.4%
#9. Davidsonville, MD
- Typical home value: $982,245
- 1-year price change: +3.0%
- 5-year price change: +21.8%
#8. Fulton, MD
- Typical home value: $982,262
- 1-year price change: +1.0%
- 5-year price change: +22.9%
#7. Glenelg, MD
- Typical home value: $1,001,538
- 1-year price change: -0.2%
- 5-year price change: +21.2%
#6. Highland, MD
- Typical home value: $1,036,561
- 1-year price change: +1.2%
- 5-year price change: +23.7%
#5. West Friendship, MD
- Typical home value: $1,052,153
- 1-year price change: +0.7%
- 5-year price change: +22.7%
#4. Glenwood, MD
- Typical home value: $1,068,120
- 1-year price change: +1.4%
- 5-year price change: +27.7%
#3. Clarksville, MD
- Typical home value: $1,073,730
- 1-year price change: +1.5%
- 5-year price change: +27.4%
#2. Dayton, MD
- Typical home value: $1,115,075
- 1-year price change: +1.9%
- 5-year price change: +30.1%
#1. Gibson Island, MD
- Typical home value: $3,140,099
- 1-year price change: +10.9%
- 5-year price change: +37.1%