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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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: $632,119
- 1-year price change: +0.3%
- 5-year price change: +18.3%
#29. Lothian, MD
- Typical home value: $638,315
- 1-year price change: +1.1%
- 5-year price change: +14.5%
#28. Friendship, MD
- Typical home value: $639,824
- 1-year price change: +0.9%
- 5-year price change: data not available
#27. Glen Arm, MD
- Typical home value: $641,027
- 1-year price change: +1.8%
- 5-year price change: +22.3%
#26. Tracys Landing, MD
- Typical home value: $642,980
- 1-year price change: +3.1%
- 5-year price change: +21.4%
#25. Parkton, MD
- Typical home value: $645,810
- 1-year price change: +2.4%
- 5-year price change: +23.1%
#24. Woodstock, MD
- Typical home value: $649,778
- 1-year price change: -0.5%
- 5-year price change: +22.4%
#23. Queenstown, MD
- Typical home value: $653,142
- 1-year price change: +3.2%
- 5-year price change: +29.0%
#22. Baldwin, MD
- Typical home value: $654,063
- 1-year price change: +2.4%
- 5-year price change: +24.5%
#21. Galesville, MD
- Typical home value: $657,652
- 1-year price change: -0.2%
- 5-year price change: +16.5%
#20. Riva, MD
- Typical home value: $662,475
- 1-year price change: +1.5%
- 5-year price change: +16.3%
#19. Crownsville, MD
- Typical home value: $665,217
- 1-year price change: +0.6%
- 5-year price change: +21.1%
#18. Hydes, MD
- Typical home value: $705,504
- 1-year price change: +4.2%
- 5-year price change: +21.5%
#17. Marriottsville, MD
- Typical home value: $707,875
- 1-year price change: +1.1%
- 5-year price change: +23.1%
#16. Monkton, MD
- Typical home value: $710,892
- 1-year price change: +2.4%
- 5-year price change: +21.2%
#15. Ellicott City, MD
- Typical home value: $738,339
- 1-year price change: -0.5%
- 5-year price change: +22.0%
#14. Severna Park, MD
- Typical home value: $744,243
- 1-year price change: +2.1%
- 5-year price change: +22.1%
#13. Harwood, MD
- Typical home value: $746,947
- 1-year price change: +2.6%
- 5-year price change: +19.4%
#12. Phoenix, MD
- Typical home value: $750,501
- 1-year price change: +1.7%
- 5-year price change: +27.7%
#11. Woodbine, MD
- Typical home value: $812,878
- 1-year price change: +1.5%
- 5-year price change: +26.0%
#10. Cooksville, MD
- Typical home value: $938,714
- 1-year price change: +0.2%
- 5-year price change: +27.7%
#9. Davidsonville, MD
- Typical home value: $955,423
- 1-year price change: +3.3%
- 5-year price change: +27.2%
#8. Glenelg, MD
- Typical home value: $982,834
- 1-year price change: +0.3%
- 5-year price change: +27.3%
#7. Fulton, MD
- Typical home value: $989,716
- 1-year price change: +1.5%
- 5-year price change: +28.4%
#6. Highland, MD
- Typical home value: $1,024,488
- 1-year price change: +0.7%
- 5-year price change: +29.7%
#5. West Friendship, MD
- Typical home value: $1,030,646
- 1-year price change: +1.4%
- 5-year price change: +28.5%
#4. Clarksville, MD
- Typical home value: $1,046,282
- 1-year price change: +2.0%
- 5-year price change: +32.5%
#3. Glenwood, MD
- Typical home value: $1,049,371
- 1-year price change: +1.5%
- 5-year price change: +34.4%
#2. Dayton, MD
- Typical home value: $1,091,724
- 1-year price change: +2.1%
- 5-year price change: +36.9%
#1. Gibson Island, MD
- Typical home value: $2,962,305
- 1-year price change: +11.7%
- 5-year price change: +46.7%