Cities with the fastest-growing home prices in Maryland

Written by:
Stacker
July 10, 2024
4 PM production // Shutterstock

Cities with the fastest-growing home prices in Maryland

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $360,310 in May, 3.9% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Maryland using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending May 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Maryland.

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#50. Welcome

- Typical home value: $521,996
- 1-year price change: +$33,376 (+6.8%)
- 5-year price change: +$153,521 (+41.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#49. Queen Anne

- Typical home value: $455,872
- 1-year price change: +$33,847 (+8.0%)
- 5-year price change: +$144,178 (+46.3%)
- Metro area: Baltimore-Columbia-Towson, MD

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#48. Ellicott City

- Typical home value: $720,762
- 1-year price change: +$34,947 (+5.1%)
- 5-year price change: +$167,579 (+30.3%)
- Metro area: Baltimore-Columbia-Towson, MD

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#47. Rockville

- Typical home value: $624,285
- 1-year price change: +$35,106 (+6.0%)
- 5-year price change: +$114,279 (+22.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#46. Queenstown

- Typical home value: $610,338
- 1-year price change: +$35,362 (+6.2%)
- 5-year price change: +$175,749 (+40.4%)
- Metro area: Baltimore-Columbia-Towson, MD

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#45. Tilghman

- Typical home value: $477,496
- 1-year price change: +$35,800 (+8.1%)
- 5-year price change: +$162,072 (+51.4%)
- Metro area: Easton, MD

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#44. Nanjemoy

- Typical home value: $398,739
- 1-year price change: +$36,227 (+10.0%)
- 5-year price change: +$103,330 (+35.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#43. Parkton

- Typical home value: $625,368
- 1-year price change: +$36,511 (+6.2%)
- 5-year price change: +$156,330 (+33.3%)
- Metro area: Baltimore-Columbia-Towson, MD

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#42. Chevy Chase

- Typical home value: $1,434,861
- 1-year price change: +$36,571 (+2.6%)
- 5-year price change: +$328,065 (+29.6%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#41. Girdletree

- Typical home value: $231,203
- 1-year price change: +$36,981 (+19.0%)
- 5-year price change: data not available
- Metro area: Salisbury, MD-DE

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#40. Grasonville

- Typical home value: $564,619
- 1-year price change: +$37,367 (+7.1%)
- 5-year price change: +$168,188 (+42.4%)
- Metro area: Baltimore-Columbia-Towson, MD

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#39. Wittman

- Typical home value: $432,282
- 1-year price change: +$37,430 (+9.5%)
- 5-year price change: +$128,241 (+42.2%)
- Metro area: Easton, MD

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#38. Woodsboro

- Typical home value: $492,962
- 1-year price change: +$38,554 (+8.5%)
- 5-year price change: +$146,295 (+42.2%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#37. Sandy Spring

- Typical home value: $853,166
- 1-year price change: +$39,126 (+4.8%)
- 5-year price change: +$207,039 (+32.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#36. Brookeville

- Typical home value: $792,694
- 1-year price change: +$39,201 (+5.2%)
- 5-year price change: +$178,168 (+29.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#35. Phoenix

- Typical home value: $733,503
- 1-year price change: +$40,294 (+5.8%)
- 5-year price change: +$184,878 (+33.7%)
- Metro area: Baltimore-Columbia-Towson, MD

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#34. Kensington

- Typical home value: $810,754
- 1-year price change: +$40,660 (+5.3%)
- 5-year price change: +$170,674 (+26.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#33. Stockton

- Typical home value: $222,090
- 1-year price change: +$40,931 (+22.6%)
- 5-year price change: +$83,070 (+59.8%)
- Metro area: Salisbury, MD-DE

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#32. Sudlersville

- Typical home value: $381,971
- 1-year price change: +$41,452 (+12.2%)
- 5-year price change: +$133,353 (+53.6%)
- Metro area: Baltimore-Columbia-Towson, MD

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#31. Davidsonville

- Typical home value: $901,939
- 1-year price change: +$41,711 (+4.8%)
- 5-year price change: +$237,366 (+35.7%)
- Metro area: Baltimore-Columbia-Towson, MD

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21 / 50
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#30. Laytonsville

- Typical home value: $894,168
- 1-year price change: +$42,502 (+5.0%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#29. West Friendship

- Typical home value: $997,755
- 1-year price change: +$43,342 (+4.5%)
- 5-year price change: +$272,338 (+37.5%)
- Metro area: Baltimore-Columbia-Towson, MD

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#28. Woodbine

- Typical home value: $781,738
- 1-year price change: +$43,579 (+5.9%)
- 5-year price change: +$207,267 (+36.1%)
- Metro area: Baltimore-Columbia-Towson, MD

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#27. Darnestown

- Typical home value: $996,497
- 1-year price change: +$43,668 (+4.6%)
- 5-year price change: +$241,746 (+32.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#26. Crownsville

- Typical home value: $645,780
- 1-year price change: +$43,858 (+7.3%)
- 5-year price change: +$159,419 (+32.8%)
- Metro area: Baltimore-Columbia-Towson, MD

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#25. Brinklow

- Typical home value: $878,265
- 1-year price change: +$44,287 (+5.3%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#24. Wye Mills

- Typical home value: $630,839
- 1-year price change: +$45,523 (+7.8%)
- 5-year price change: +$202,780 (+47.4%)
- Metro area: Easton, MD

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#23. McDaniel

- Typical home value: $494,366
- 1-year price change: +$45,801 (+10.2%)
- 5-year price change: +$156,251 (+46.2%)
- Metro area: Easton, MD

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#22. Washington Grove

- Typical home value: $637,276
- 1-year price change: +$46,287 (+7.8%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#21. Boyds

- Typical home value: $850,342
- 1-year price change: +$46,818 (+5.8%)
- 5-year price change: +$220,073 (+34.9%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#20. Oxford

- Typical home value: $906,923
- 1-year price change: +$48,411 (+5.6%)
- 5-year price change: +$292,100 (+47.5%)
- Metro area: Easton, MD

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#19. Barclay

- Typical home value: $398,603
- 1-year price change: +$52,060 (+15.0%)
- 5-year price change: data not available
- Metro area: Baltimore-Columbia-Towson, MD

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#18. Saint Michaels

- Typical home value: $700,777
- 1-year price change: +$52,359 (+8.1%)
- 5-year price change: +$254,564 (+57.0%)
- Metro area: Easton, MD

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#17. Glenelg

- Typical home value: $953,218
- 1-year price change: +$53,629 (+6.0%)
- 5-year price change: +$257,127 (+36.9%)
- Metro area: Baltimore-Columbia-Towson, MD

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#16. Bethesda

- Typical home value: $1,182,992
- 1-year price change: +$55,045 (+4.9%)
- 5-year price change: +$246,939 (+26.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#15. North Potomac

- Typical home value: $901,502
- 1-year price change: +$57,331 (+6.8%)
- 5-year price change: +$197,646 (+28.1%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#14. Cooksville

- Typical home value: $905,795
- 1-year price change: +$64,066 (+7.6%)
- 5-year price change: +$242,279 (+36.5%)
- Metro area: Baltimore-Columbia-Towson, MD

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#13. Glen Echo

- Typical home value: $1,267,723
- 1-year price change: +$64,577 (+5.4%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#12. Sherwood

- Typical home value: $719,686
- 1-year price change: +$64,907 (+9.9%)
- 5-year price change: +$244,651 (+51.5%)
- Metro area: Easton, MD

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#11. Chevy Chase View

- Typical home value: $1,491,180
- 1-year price change: +$67,110 (+4.7%)
- 5-year price change: +$358,551 (+31.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#10. Cabin John

- Typical home value: $1,289,696
- 1-year price change: +$69,409 (+5.7%)
- 5-year price change: +$276,392 (+27.3%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#9. Fulton

- Typical home value: $985,206
- 1-year price change: +$76,143 (+8.4%)
- 5-year price change: +$260,706 (+36.0%)
- Metro area: Baltimore-Columbia-Towson, MD

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#8. Glenwood

- Typical home value: $1,018,645
- 1-year price change: +$80,129 (+8.5%)
- 5-year price change: +$308,297 (+43.4%)
- Metro area: Baltimore-Columbia-Towson, MD

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#7. Highland

- Typical home value: $1,001,445
- 1-year price change: +$81,371 (+8.8%)
- 5-year price change: +$276,787 (+38.2%)
- Metro area: Baltimore-Columbia-Towson, MD

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#6. Clarksville

- Typical home value: $1,039,839
- 1-year price change: +$86,726 (+9.1%)
- 5-year price change: +$283,506 (+37.5%)
- Metro area: Baltimore-Columbia-Towson, MD

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#5. Bozman

- Typical home value: $811,090
- 1-year price change: +$87,390 (+12.1%)
- 5-year price change: +$306,471 (+60.7%)
- Metro area: Easton, MD

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#4. Potomac

- Typical home value: $1,355,896
- 1-year price change: +$93,007 (+7.4%)
- 5-year price change: +$346,488 (+34.3%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#3. Dayton

- Typical home value: $1,056,806
- 1-year price change: +$93,416 (+9.7%)
- 5-year price change: +$323,675 (+44.1%)
- Metro area: Baltimore-Columbia-Towson, MD

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#2. Gibson Island

- Typical home value: $2,936,332
- 1-year price change: +$143,350 (+5.1%)
- 5-year price change: +$1,047,350 (+55.4%)
- Metro area: Baltimore-Columbia-Towson, MD

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#1. Royal Oak

- Typical home value: $1,158,453
- 1-year price change: +$197,971 (+20.6%)
- 5-year price change: +$502,468 (+76.6%)
- Metro area: Easton, MD

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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