Howard County, Maryland home prices
Typical home $625,349 · +0.8% in a year · property tax 1.17%
The typical home in Howard County is worth $625,349, 47% more than the Maryland typical home ($424,890). Values changed +0.8% in the past year and +16.5% over five years. Homeowners here pay a median 1.17% of their home's value in property tax each year ($7,308 on the typical home), versus 0.98% statewide.
Mortgage on the typical Howard County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $125,070 | $500,279 | $3,365 | $0 | $922 | $4,287 | $183,700 |
| 10% down | $62,535 | $562,814 | $3,786 | $235 | $922 | $4,942 | $211,800 |
| 5% down | $31,267 | $594,081 | $3,996 | $248 | $922 | $5,166 | $221,400 |
| 3.5% down (FHA) | $21,887 | $614,022 | $4,131 | $277 | $922 | $5,329 | $228,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.17% 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 · part of the Baltimore metro area.
Maryland counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Montgomery County | $606,938 | -0.4% | 0.87% |
| Queen Annes County | $522,697 | +2.3% | 0.78% |
| Anne Arundel County | $502,145 | +0.9% | 0.85% |
| Frederick County | $494,258 | -0.4% | 0.99% |
| Carroll County | $486,857 | +0.8% | 0.91% |
| Talbot County | $484,929 | -0.1% | 0.65% |
| Calvert County | $480,115 | +1.0% | 0.84% |
| Charles County | $442,448 | -1.4% | 1.01% |
| Saint Marys County | $431,391 | +2.7% | 0.84% |
| Worcester County | $422,876 | -0.7% | 0.73% |
Frequently asked questions
What is the average home price in Howard County, MD?
The typical home value in Howard County is $625,349 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Howard County?
About $183,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Howard County?
The median effective rate is 1.17% of home value a year (Census ACS 2024 5-year estimates).