Caroline County, Maryland home prices
Typical home $326,167 · +0.7% in a year · property tax 0.9%
The typical home in Caroline County is worth $326,167, 23% less than the Maryland typical home ($424,890). Values changed +0.7% in the past year and +15.3% over five years. Homeowners here pay a median 0.9% of their home's value in property tax each year ($2,945 on the typical home), versus 0.98% statewide.
Mortgage on the typical Caroline County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $65,233 | $260,934 | $1,755 | $0 | $408 | $2,164 | $92,700 |
| 10% down | $32,617 | $293,550 | $1,975 | $122 | $408 | $2,506 | $107,400 |
| 5% down | $16,308 | $309,859 | $2,084 | $129 | $408 | $2,622 | $112,400 |
| 3.5% down (FHA) | $11,416 | $320,259 | $2,154 | $144 | $408 | $2,707 | $116,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.9% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Maryland.
Maryland counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Washington County | $327,924 | +0.5% | 0.84% |
| Garrett County | $334,905 | +2.0% | 0.78% |
| Baltimore County | $358,090 | +0.4% | 1.07% |
| Wicomico County | $271,722 | +1.2% | 0.85% |
| Cecil County | $383,362 | +1.4% | 0.89% |
| Dorchester County | $268,747 | +0.9% | 0.94% |
| Kent County | $383,742 | +2.6% | 0.91% |
| Harford County | $414,044 | +0.9% | 0.89% |
| Prince Georges County | $421,250 | -1.2% | 1.12% |
| Worcester County | $422,876 | -0.7% | 0.73% |
Frequently asked questions
What is the average home price in Caroline County, MD?
The typical home value in Caroline County is $326,167 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Caroline County?
About $92,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Caroline County?
The median effective rate is 0.9% of home value a year (Census ACS 2024 5-year estimates).