Cities with the fastest-growing home prices in Maryland

Written by:
December 23, 2024
Volodymyr Kyrylyuk // 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 $358,761 in November, 2.3% 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 November 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. Myersville

- Typical home value: $531,677
- 1-year price change: +$27,502 (+5.5%)
- 5-year price change: +$165,930 (+45.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#49. New Market

- Typical home value: $584,124
- 1-year price change: +$27,704 (+5.0%)
- 5-year price change: +$171,201 (+41.5%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#48. Derwood

- Typical home value: $627,712
- 1-year price change: +$27,863 (+4.6%)
- 5-year price change: +$138,370 (+28.3%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#47. Kensington

- Typical home value: $784,785
- 1-year price change: +$27,985 (+3.7%)
- 5-year price change: +$176,862 (+29.1%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#46. Warwick

- Typical home value: $535,326
- 1-year price change: +$28,035 (+5.5%)
- 5-year price change: +$155,568 (+41.0%)
- Metro area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

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#45. Middletown

- Typical home value: $546,344
- 1-year price change: +$28,152 (+5.4%)
- 5-year price change: +$161,514 (+42.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#44. Ellicott City

- Typical home value: $714,899
- 1-year price change: +$28,248 (+4.1%)
- 5-year price change: +$167,501 (+30.6%)
- Metro area: Baltimore-Columbia-Towson, MD

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#43. Washington Grove

- Typical home value: $629,672
- 1-year price change: +$28,648 (+4.8%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#42. Ashton

- Typical home value: $819,850
- 1-year price change: +$28,716 (+3.6%)
- 5-year price change: +$188,683 (+29.9%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#41. Woodbine

- Typical home value: $771,617
- 1-year price change: +$28,822 (+3.9%)
- 5-year price change: +$209,847 (+37.4%)
- Metro area: Baltimore-Columbia-Towson, MD

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#40. Mount Airy

- Typical home value: $608,508
- 1-year price change: +$29,222 (+5.0%)
- 5-year price change: +$167,025 (+37.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#39. Tracys Landing

- Typical home value: $622,787
- 1-year price change: +$29,702 (+5.0%)
- 5-year price change: +$159,748 (+34.5%)
- Metro area: Baltimore-Columbia-Towson, MD

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#38. Severna Park

- Typical home value: $706,497
- 1-year price change: +$29,744 (+4.4%)
- 5-year price change: +$175,068 (+32.9%)
- Metro area: Baltimore-Columbia-Towson, MD

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#37. Rockville

- Typical home value: $624,160
- 1-year price change: +$29,894 (+5.0%)
- 5-year price change: +$126,368 (+25.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#36. McDaniel

- Typical home value: $491,230
- 1-year price change: +$30,778 (+6.7%)
- 5-year price change: +$157,246 (+47.1%)
- Metro area: Easton, MD

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#35. Brookeville

- Typical home value: $781,906
- 1-year price change: +$31,531 (+4.2%)
- 5-year price change: +$184,580 (+30.9%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#34. Saint Michaels

- Typical home value: $703,312
- 1-year price change: +$31,712 (+4.7%)
- 5-year price change: +$262,875 (+59.7%)
- Metro area: Easton, MD

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#33. Ijamsville

- Typical home value: $696,505
- 1-year price change: +$32,128 (+4.8%)
- 5-year price change: +$197,835 (+39.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#32. Dickerson

- Typical home value: $754,107
- 1-year price change: +$32,397 (+4.5%)
- 5-year price change: +$180,456 (+31.5%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#31. Poolesville

- Typical home value: $714,710
- 1-year price change: +$32,658 (+4.8%)
- 5-year price change: +$177,079 (+32.9%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#30. Monrovia

- Typical home value: $658,857
- 1-year price change: +$32,917 (+5.3%)
- 5-year price change: +$191,508 (+41.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#29. Brinklow

- Typical home value: $884,068
- 1-year price change: +$32,970 (+3.9%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#28. Sandy Spring

- Typical home value: $852,954
- 1-year price change: +$33,171 (+4.0%)
- 5-year price change: +$215,065 (+33.7%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#27. Phoenix

- Typical home value: $716,181
- 1-year price change: +$33,652 (+4.9%)
- 5-year price change: +$188,991 (+35.8%)
- Metro area: Baltimore-Columbia-Towson, MD

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#26. West Friendship

- Typical home value: $1,013,339
- 1-year price change: +$33,861 (+3.5%)
- 5-year price change: +$280,484 (+38.3%)
- Metro area: Baltimore-Columbia-Towson, MD

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#25. North Potomac

- Typical home value: $885,999
- 1-year price change: +$36,336 (+4.3%)
- 5-year price change: +$205,566 (+30.2%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#24. Glenelg

- Typical home value: $939,428
- 1-year price change: +$36,597 (+4.1%)
- 5-year price change: +$261,373 (+38.5%)
- Metro area: Baltimore-Columbia-Towson, MD

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#23. Cooksville

- Typical home value: $915,428
- 1-year price change: +$37,789 (+4.3%)
- 5-year price change: +$253,455 (+38.3%)
- Metro area: Baltimore-Columbia-Towson, MD

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#22. Darnestown

- Typical home value: $991,845
- 1-year price change: +$37,793 (+4.0%)
- 5-year price change: +$257,587 (+35.1%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#21. Boyds

- Typical home value: $840,179
- 1-year price change: +$38,119 (+4.8%)
- 5-year price change: +$223,713 (+36.3%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#20. Laytonsville

- Typical home value: $892,376
- 1-year price change: +$38,331 (+4.5%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#19. Sherwood

- Typical home value: $705,899
- 1-year price change: +$38,473 (+5.8%)
- 5-year price change: +$246,535 (+53.7%)
- Metro area: Easton, MD

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#18. Glenwood

- Typical home value: $1,020,468
- 1-year price change: +$40,426 (+4.1%)
- 5-year price change: +$309,981 (+43.6%)
- Metro area: Baltimore-Columbia-Towson, MD

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#17. Oxford

- Typical home value: $904,065
- 1-year price change: +$40,500 (+4.7%)
- 5-year price change: +$311,193 (+52.5%)
- Metro area: Easton, MD

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#16. Bethesda

- Typical home value: $1,144,660
- 1-year price change: +$40,988 (+3.7%)
- 5-year price change: +$255,625 (+28.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#15. Davidsonville

- Typical home value: $897,205
- 1-year price change: +$41,301 (+4.8%)
- 5-year price change: +$247,888 (+38.2%)
- Metro area: Baltimore-Columbia-Towson, MD

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#14. Garrett Park

- Typical home value: $1,036,613
- 1-year price change: +$41,314 (+4.2%)
- 5-year price change: +$222,583 (+27.3%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#13. Highland

- Typical home value: $975,444
- 1-year price change: +$41,545 (+4.4%)
- 5-year price change: +$273,379 (+38.9%)
- Metro area: Baltimore-Columbia-Towson, MD

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#12. Fulton

- Typical home value: $961,905
- 1-year price change: +$42,676 (+4.6%)
- 5-year price change: +$255,172 (+36.1%)
- Metro area: Baltimore-Columbia-Towson, MD

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#11. Wye Mills

- Typical home value: $637,889
- 1-year price change: +$43,407 (+7.3%)
- 5-year price change: +$219,156 (+52.3%)
- Metro area: Easton, MD

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#10. Dayton

- Typical home value: $1,043,252
- 1-year price change: +$49,921 (+5.0%)
- 5-year price change: +$324,584 (+45.2%)
- Metro area: Baltimore-Columbia-Towson, MD

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#9. Clarksville

- Typical home value: $1,004,529
- 1-year price change: +$52,286 (+5.5%)
- 5-year price change: +$278,649 (+38.4%)
- Metro area: Baltimore-Columbia-Towson, MD

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#8. Chevy Chase

- Typical home value: $1,388,024
- 1-year price change: +$52,780 (+4.0%)
- 5-year price change: +$340,028 (+32.4%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#7. Chevy Chase View

- Typical home value: $1,458,761
- 1-year price change: +$54,889 (+3.9%)
- 5-year price change: +$377,958 (+35.0%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#6. Bozman

- Typical home value: $802,954
- 1-year price change: +$59,446 (+8.0%)
- 5-year price change: +$316,910 (+65.2%)
- Metro area: Easton, MD

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#5. Cabin John

- Typical home value: $1,241,904
- 1-year price change: +$67,878 (+5.8%)
- 5-year price change: +$299,527 (+31.8%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#4. Glen Echo

- Typical home value: $1,280,874
- 1-year price change: +$71,385 (+5.9%)
- 5-year price change: data not available
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#3. Potomac

- Typical home value: $1,335,650
- 1-year price change: +$78,984 (+6.3%)
- 5-year price change: +$369,864 (+38.3%)
- Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

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#2. Gibson Island

- Typical home value: $2,786,428
- 1-year price change: +$89,346 (+3.3%)
- 5-year price change: +$972,759 (+53.6%)
- Metro area: Baltimore-Columbia-Towson, MD

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#1. Royal Oak

- Typical home value: $1,105,417
- 1-year price change: +$103,689 (+10.4%)
- 5-year price change: +$504,570 (+84.0%)
- Metro area: Easton, MD

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