If you’re thinking of purchasing a home in Maryland, you’ll have some of the Old Line State’s 2.4 million housing units from which to choose. With a homeownership rate of 67%, according to the U.S. Census Bureau’s 2018 American Community Survey, a majority of Maryland’s 6 million residents own homes.
The state’s median housing value is $324,800, which is significantly higher than the national average of $229,700. Since home values vary by region, some counties in Maryland have average home prices that can reach the $476,500 range.