Baltimore, MD home prices
Typical home $396,959 · +0.4% in a year · income needed $115,200
The Baltimore, MD metro area ranks 155 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.4% in a year and +15.3% over five years. With 20% down at 7.11%, the typical home costs about $2,689 a month including 1.07% property tax (Baltimore County rate).
Mortgage on the typical Baltimore home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $79,392 | $317,568 | $2,136 | $0 | $552 | $2,689 | $115,200 |
| 10% down | $39,696 | $357,263 | $2,403 | $149 | $552 | $3,104 | $133,000 |
| 5% down | $19,848 | $377,111 | $2,537 | $157 | $552 | $3,246 | $139,100 |
| 3.5% down (FHA) | $13,894 | $389,769 | $2,622 | $176 | $552 | $3,350 | $143,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.07% 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.
Counties in the Baltimore area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Baltimore County, MD | $358,090 | +0.4% | 1.07% |
| Baltimore City, MD | $181,356 | -3.9% | 1.46% |
| Anne Arundel County, MD | $502,145 | +0.9% | 0.85% |
| Howard County, MD | $625,349 | +0.8% | 1.17% |
| Harford County, MD | $414,044 | +0.9% | 0.89% |
| Carroll County, MD | $486,857 | +0.8% | 0.91% |
| Queen Annes County, MD | $522,697 | +2.3% | 0.78% |
What can you afford in Maryland on your salary? · Maryland home prices · Salaries in Maryland
Frequently asked questions
How much is a house in Baltimore?
The typical home in the Baltimore, MD metro area is worth $396,959 (Zillow, September 2026).
What salary do you need to buy a house in Baltimore?
About $115,200 a year for the typical home with 20% down at 7.11%.