FHFA House Price Index
706.3
2025 · FHFA all-transactions index
Median value of owner-occupied homes
$436,300
2024 · Census American Community Survey 1-year estimates
Rent of primary residence index (Baltimore–Columbia–Towson)
448.7
2025 · BLS CPI-U
Total housing units
2,588,337
2024 · Census American Community Survey 1-year estimates
New private housing units authorized
13,765
2025 · Census Building Permits Survey
Homeownership rate (CPS/HVS)
68.8%
2025 · Census Housing Vacancy Survey
Housing price level vs U.S. (RPP rents)
121.1
2024 · BEA Regional Price Parities
Rental vacancy rate
5.7%
2025 · Census Housing Vacancy Survey
Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024$420,000▲ 261%
Census / Zillow ZHVI, nominal dollars.
Home Prices
FHFA House Price Index
706.3
2025 · FHFA all-transactions index
Median sale price
$412,000
Price per sq ft
$232
Days on market
28
FHFA House Price Index
1975–2025706.3▲ 1005%
FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (MDSTHPI).
Median Home Value
Median value of owner-occupied homes
$436,300
2024 · Census American Community Survey 1-year estimates
Median home value
$420,000
Rank
10th highest
Year-over-year change
+3.6%
Median value of owner-occupied homes
2008–2024$436,300▲ 28%
Census American Community Survey 1-year estimates, B25077 (2020 not released).
| Indicator | Maryland | U.S. |
|---|---|---|
| Median home value (USD) | 420000 | 340000 |
- •Montgomery County home values top $600,000, nearly double those in Western Maryland.
Rent Prices
Rent of primary residence index (Baltimore–Columbia–Towson)
448.7
2025 · BLS CPI-U
Median gross rent
$1,700
Rank
8th highest
Renters cost-burdened
48%
Rent of primary residence index (Baltimore–Columbia–Towson)
2006–2025448.7▲ 88%
BLS CPI-U, Baltimore–Columbia–Towson, annual average (CUURS35ESEHA).
| Indicator | Maryland | U.S. |
|---|---|---|
| Median gross rent (USD) | 1700 | 1406 |
Housing Inventory
Total housing units
2,588,337
2024 · Census American Community Survey 1-year estimates
Vacant housing units
7.2%
2024 · Census American Community Survey 1-year estimates
Single-family share
57%
Units built before 1970
39%
Total housing units
2008–20242,588,337▲ 11%
Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–20247.2%
Census American Community Survey 1-year estimates, B25002 (2020 not released).
Building Permits
New private housing units authorized
13,765
2025 · Census Building Permits Survey
Building permits (2024)
18,100
Multifamily share
41%
Per 1,000 residents
2.9
New private housing units authorized
1988–202513,765▼ 68%
Census Building Permits Survey, sum of 12 months (FRED MDBPPRIV).
Homeownership Rate
Homeownership rate (CPS/HVS)
68.8%
2025 · Census Housing Vacancy Survey
Homeownership rate
67.4%
Renter households
760,000
Homeownership rate (CPS/HVS)
1984–202568.8%
Census Housing Vacancy Survey, annual (FRED MDHOWN).
| Indicator | Maryland | U.S. |
|---|---|---|
| Homeownership rate (%) | 67.4 | 65.7 |
Housing Affordability
Housing price level vs U.S. (RPP rents)
121.1
2024 · BEA Regional Price Parities
Price-to-income ratio
4.1
Median monthly owner cost
$2,270
Owners cost-burdened
24%
Housing price level vs U.S. (RPP rents)
2008–2024121.1▼ 9%
BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | Maryland | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 121.1 | 100 |
Vacancy Rate
Rental vacancy rate
5.7%
2025 · Census Housing Vacancy Survey
Homeowner vacancy rate
0.8%
2025 · Census Housing Vacancy Survey
Vacancy rate
7.9%
Rental vacancy
5.6%
Homeowner vacancy
0.8%
Rental vacancy rate
1986–20255.7%
Census Housing Vacancy Survey, annual (FRED MDRVAC).
Homeowner vacancy rate
1986–20250.8%
Census Housing Vacancy Survey, annual (FRED MDHVAC).
More figures
Median home value
$420,000
10th highest in the U.S.
Median monthly rent
$1,640
2023
Homeownership rate
67.4%
Total housing units
2.55 M
Vacancy rate
8.9%
Building permits
≈ 19,000
2023
Effective property tax
1.05%
Homes built pre-1980
55%