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 $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 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: $330,852
- 1-year price change: +1.6%
- 5-year price change: +13.2%
#21. Scotland, MD
- Typical home value: $358,737
- 1-year price change: +2.5%
- 5-year price change: +11.2%
#20. Great Mills, MD
- Typical home value: $370,286
- 1-year price change: +1.6%
- 5-year price change: +21.3%
#19. Bushwood, MD
- Typical home value: $371,651
- 1-year price change: +1.8%
- 5-year price change: +14.5%
#18. Lexington Park, MD
- Typical home value: $383,994
- 1-year price change: +2.9%
- 5-year price change: +24.3%
#17. California, MD
- Typical home value: $395,836
- 1-year price change: +3.3%
- 5-year price change: +25.3%
#16. Park Hall, MD
- Typical home value: $413,785
- 1-year price change: +3.0%
- 5-year price change: +19.3%
#15. Coltons Point, MD
- Typical home value: $420,736
- 1-year price change: +2.2%
- 5-year price change: +22.4%
#14. Avenue, MD
- Typical home value: $429,939
- 1-year price change: +3.4%
- 5-year price change: +14.7%
#13. Mechanicsville, MD
- Typical home value: $435,831
- 1-year price change: +2.5%
- 5-year price change: +17.2%
#12. Callaway, MD
- Typical home value: $437,956
- 1-year price change: +1.8%
- 5-year price change: +19.3%
#11. Ridge, MD
- Typical home value: $442,204
- 1-year price change: +3.9%
- 5-year price change: +16.1%
#10. Abell, MD
- Typical home value: $453,595
- 1-year price change: +1.7%
- 5-year price change: data not available
#9. Saint Inigoes, MD
- Typical home value: $459,484
- 1-year price change: +3.5%
- 5-year price change: +19.4%
#8. Clements, MD
- Typical home value: $471,228
- 1-year price change: +3.0%
- 5-year price change: data not available
#7. Piney Point, MD
- Typical home value: $482,522
- 1-year price change: +6.6%
- 5-year price change: +29.1%
#6. Valley Lee, MD
- Typical home value: $484,304
- 1-year price change: +3.0%
- 5-year price change: +18.1%
#5. Hollywood, MD
- Typical home value: $502,827
- 1-year price change: +3.6%
- 5-year price change: +21.3%
#4. Tall Timbers, MD
- Typical home value: $514,504
- 1-year price change: +2.7%
- 5-year price change: +20.6%
#3. Leonardtown, MD
- Typical home value: $528,339
- 1-year price change: +2.8%
- 5-year price change: +23.4%
#2. Drayden, MD
- Typical home value: $553,385
- 1-year price change: +3.5%
- 5-year price change: data not available
#1. Dameron, MD
- Typical home value: $554,586
- 1-year price change: +1.4%
- 5-year price change: +16.9%