Cities with the most expensive homes in the California, Maryland metro area
Cities with the most expensive homes in the California, Maryland 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 California, Maryland metro area using data from . Charts show the monthly typical home value since January 2018. All 22 cities and towns with data available were included in the list.
#22. Chaptico, MD
- Typical home value: $342,708
- 1-year price change: +3.5%
- 5-year price change: +12.9%
#21. Scotland, MD
- Typical home value: $368,521
- 1-year price change: +3.1%
- 5-year price change: +9.4%
#20. Great Mills, MD
- Typical home value: $379,483
- 1-year price change: +1.8%
- 5-year price change: +17.7%
#19. Bushwood, MD
- Typical home value: $385,245
- 1-year price change: +3.8%
- 5-year price change: +12.5%
#18. Lexington Park, MD
- Typical home value: $392,148
- 1-year price change: +3.2%
- 5-year price change: +21.2%
#17. California, MD
- Typical home value: $403,315
- 1-year price change: +3.2%
- 5-year price change: +21.5%
#16. Park Hall, MD
- Typical home value: $424,171
- 1-year price change: +4.3%
- 5-year price change: +17.0%
#15. Coltons Point, MD
- Typical home value: $435,651
- 1-year price change: +3.4%
- 5-year price change: +21.9%
#14. Avenue, MD
- Typical home value: $443,144
- 1-year price change: +4.5%
- 5-year price change: +12.7%
#13. Callaway, MD
- Typical home value: $447,603
- 1-year price change: +2.0%
- 5-year price change: +16.8%
#12. Mechanicsville, MD
- Typical home value: $447,708
- 1-year price change: +3.4%
- 5-year price change: +14.9%
#11. Ridge, MD
- Typical home value: $455,476
- 1-year price change: +4.0%
- 5-year price change: +13.4%
#10. Saint Inigoes, MD
- Typical home value: $471,445
- 1-year price change: +4.7%
- 5-year price change: +16.9%
#9. Abell, MD
- Typical home value: $473,536
- 1-year price change: +4.0%
- 5-year price change: data not available
#8. Clements, MD
- Typical home value: $485,564
- 1-year price change: +4.7%
- 5-year price change: data not available
#7. Valley Lee, MD
- Typical home value: $494,946
- 1-year price change: +3.5%
- 5-year price change: +15.2%
#6. Piney Point, MD
- Typical home value: $499,460
- 1-year price change: +6.8%
- 5-year price change: +26.9%
#5. Hollywood, MD
- Typical home value: $516,472
- 1-year price change: +3.9%
- 5-year price change: +18.2%
#4. Tall Timbers, MD
- Typical home value: $534,977
- 1-year price change: +2.5%
- 5-year price change: +16.6%
#3. Leonardtown, MD
- Typical home value: $541,016
- 1-year price change: +3.4%
- 5-year price change: +19.2%
#2. Drayden, MD
- Typical home value: $561,242
- 1-year price change: +4.0%
- 5-year price change: data not available
#1. Dameron, MD
- Typical home value: $575,982
- 1-year price change: +0.9%
- 5-year price change: +12.7%