The top 50 towns with the fastest-growing home prices in Maryland

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 $360,385 in October, 2.4% 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 October 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Maryland.

You may also like: Lonely road: The counties in Maryland where people drive to work alone the most

#50. New Market

– Typical home value: $578,175
– 1-year price change: +$24,510 (+4.4%)
– 5-year price change: +$167,768 (+40.9%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#49. Ellicott City

– Typical home value: $709,680
– 1-year price change: +$24,757 (+3.6%)
– 5-year price change: +$164,598 (+30.2%)
– Metro area: Baltimore-Columbia-Towson, MD

#48. Crownsville

– Typical home value: $633,895
– 1-year price change: +$25,096 (+4.1%)
– 5-year price change: +$158,861 (+33.4%)
– Metro area: Baltimore-Columbia-Towson, MD

#47. Derwood

– Typical home value: $613,461
– 1-year price change: +$25,199 (+4.3%)
– 5-year price change: +$133,779 (+27.9%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#46. Warwick

– Typical home value: $545,000
– 1-year price change: +$25,312 (+4.9%)
– 5-year price change: +$158,457 (+41.0%)
– Metro area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

You may also like: Counties with the longest life expectancy in Maryland

#45. Brinklow

– Typical home value: $864,521
– 1-year price change: +$25,563 (+3.0%)
– 5-year price change: data not available
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#44. Woodsboro

– Typical home value: $485,823
– 1-year price change: +$25,634 (+5.6%)
– 5-year price change: +$145,305 (+42.7%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#43. Barclay

– Typical home value: $389,866
– 1-year price change: +$25,923 (+7.1%)
– 5-year price change: data not available
– Metro area: Baltimore-Columbia-Towson, MD

#42. Grasonville

– Typical home value: $568,229
– 1-year price change: +$26,307 (+4.9%)
– 5-year price change: +$173,059 (+43.8%)
– Metro area: Baltimore-Columbia-Towson, MD

#41. West Friendship

– Typical home value: $1,011,536
– 1-year price change: +$26,624 (+2.7%)
– 5-year price change: +$275,950 (+37.5%)
– Metro area: Baltimore-Columbia-Towson, MD

You may also like: Metros where renters are the most overextended in Maryland

#40. Severna Park

– Typical home value: $708,738
– 1-year price change: +$26,913 (+3.9%)
– 5-year price change: +$176,599 (+33.2%)
– Metro area: Baltimore-Columbia-Towson, MD

#39. Rockville

– Typical home value: $619,261
– 1-year price change: +$27,452 (+4.6%)
– 5-year price change: +$123,189 (+24.8%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#38. Poolesville

– Typical home value: $698,134
– 1-year price change: +$27,542 (+4.1%)
– 5-year price change: +$171,552 (+32.6%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#37. Ijamsville

– Typical home value: $689,255
– 1-year price change: +$27,684 (+4.2%)
– 5-year price change: +$194,284 (+39.3%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#36. Dickerson

– Typical home value: $778,259
– 1-year price change: +$27,727 (+3.7%)
– 5-year price change: +$185,219 (+31.2%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

You may also like: Most popular car colors in Maryland

#35. Washington Grove

– Typical home value: $617,350
– 1-year price change: +$27,846 (+4.7%)
– 5-year price change: data not available
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#34. Tilghman

– Typical home value: $467,838
– 1-year price change: +$27,992 (+6.4%)
– 5-year price change: +$161,273 (+52.6%)
– Metro area: Easton, MD

#33. Brookeville

– Typical home value: $775,719
– 1-year price change: +$28,107 (+3.8%)
– 5-year price change: +$181,904 (+30.6%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#32. Monrovia

– Typical home value: $657,330
– 1-year price change: +$28,345 (+4.5%)
– 5-year price change: +$188,133 (+40.1%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#31. Sandy Spring

– Typical home value: $853,293
– 1-year price change: +$29,227 (+3.5%)
– 5-year price change: +$211,789 (+33.0%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

You may also like: How opioid prescriptions to Medicaid patients in Maryland stack up

#30. Wittman

– Typical home value: $442,061
– 1-year price change: +$30,015 (+7.3%)
– 5-year price change: +$136,137 (+44.5%)
– Metro area: Easton, MD

#29. Darnestown

– Typical home value: $977,576
– 1-year price change: +$30,191 (+3.2%)
– 5-year price change: +$249,315 (+34.2%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#28. Woodbine

– Typical home value: $767,577
– 1-year price change: +$30,343 (+4.1%)
– 5-year price change: +$207,309 (+37.0%)
– Metro area: Baltimore-Columbia-Towson, MD

#27. Phoenix

– Typical home value: $723,918
– 1-year price change: +$31,837 (+4.6%)
– 5-year price change: +$188,340 (+35.2%)
– Metro area: Baltimore-Columbia-Towson, MD

#26. Garrett Park

– Typical home value: $1,036,249
– 1-year price change: +$32,162 (+3.2%)
– 5-year price change: +$216,321 (+26.4%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

You may also like: How access to opioid treatments has changed in Maryland

#25. Laytonsville

– Typical home value: $883,125
– 1-year price change: +$33,432 (+3.9%)
– 5-year price change: data not available
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#24. Davidsonville

– Typical home value: $890,898
– 1-year price change: +$33,656 (+3.9%)
– 5-year price change: +$241,453 (+37.2%)
– Metro area: Baltimore-Columbia-Towson, MD

#23. Bethesda

– Typical home value: $1,144,798
– 1-year price change: +$33,993 (+3.1%)
– 5-year price change: +$250,000 (+27.9%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#22. Oxford

– Typical home value: $919,693
– 1-year price change: +$34,016 (+3.8%)
– 5-year price change: +$310,947 (+51.1%)
– Metro area: Easton, MD

#21. North Potomac

– Typical home value: $878,279
– 1-year price change: +$34,363 (+4.1%)
– 5-year price change: +$201,263 (+29.7%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

You may also like: Highest-rated things to do in Maryland, according to Tripadvisor

#20. Chevy Chase View

– Typical home value: $1,461,573
– 1-year price change: +$34,554 (+2.4%)
– 5-year price change: +$367,562 (+33.6%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#19. Glenelg

– Typical home value: $938,507
– 1-year price change: +$34,928 (+3.9%)
– 5-year price change: +$257,061 (+37.7%)
– Metro area: Baltimore-Columbia-Towson, MD

#18. McDaniel

– Typical home value: $502,636
– 1-year price change: +$35,297 (+7.6%)
– 5-year price change: +$160,218 (+46.8%)
– Metro area: Easton, MD

#17. Saint Michaels

– Typical home value: $703,245
– 1-year price change: +$36,065 (+5.4%)
– 5-year price change: +$262,834 (+59.7%)
– Metro area: Easton, MD

#16. Boyds

– Typical home value: $829,509
– 1-year price change: +$36,350 (+4.6%)
– 5-year price change: +$221,117 (+36.3%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

You may also like: Cheddar cheese, ham, and other groceries that dropped in price in the South last month

#15. Chevy Chase

– Typical home value: $1,399,264
– 1-year price change: +$38,811 (+2.9%)
– 5-year price change: +$333,580 (+31.3%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#14. Wye Mills

– Typical home value: $639,628
– 1-year price change: +$39,408 (+6.6%)
– 5-year price change: +$216,395 (+51.1%)
– Metro area: Easton, MD

#13. Cooksville

– Typical home value: $899,708
– 1-year price change: +$41,340 (+4.8%)
– 5-year price change: +$246,377 (+37.7%)
– Metro area: Baltimore-Columbia-Towson, MD

#12. Highland

– Typical home value: $972,460
– 1-year price change: +$44,782 (+4.8%)
– 5-year price change: +$269,360 (+38.3%)
– Metro area: Baltimore-Columbia-Towson, MD

#11. Sherwood

– Typical home value: $719,521
– 1-year price change: +$45,242 (+6.7%)
– 5-year price change: +$250,060 (+53.3%)
– Metro area: Easton, MD

You may also like: How cybercrime losses in Maryland compare

#10. Glenwood

– Typical home value: $1,003,096
– 1-year price change: +$46,924 (+4.9%)
– 5-year price change: +$303,058 (+43.3%)
– Metro area: Baltimore-Columbia-Towson, MD

#9. Fulton

– Typical home value: $961,513
– 1-year price change: +$48,804 (+5.3%)
– 5-year price change: +$256,365 (+36.4%)
– Metro area: Baltimore-Columbia-Towson, MD

#8. Clarksville

– Typical home value: $1,008,673
– 1-year price change: +$54,249 (+5.7%)
– 5-year price change: +$278,919 (+38.2%)
– Metro area: Baltimore-Columbia-Towson, MD

#7. Dayton

– Typical home value: $1,034,459
– 1-year price change: +$56,692 (+5.8%)
– 5-year price change: +$317,497 (+44.3%)
– Metro area: Baltimore-Columbia-Towson, MD

#6. Cabin John

– Typical home value: $1,245,504
– 1-year price change: +$65,019 (+5.5%)
– 5-year price change: +$296,050 (+31.2%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

You may also like: Counties with the most assisted-living facilities in Maryland

#5. Glen Echo

– Typical home value: $1,255,793
– 1-year price change: +$70,283 (+5.9%)
– 5-year price change: data not available
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#4. Bozman

– Typical home value: $834,722
– 1-year price change: +$70,363 (+9.2%)
– 5-year price change: +$328,554 (+64.9%)
– Metro area: Easton, MD

#3. Potomac

– Typical home value: $1,319,638
– 1-year price change: +$71,123 (+5.7%)
– 5-year price change: +$358,511 (+37.3%)
– Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV

#2. Gibson Island

– Typical home value: $2,932,550
– 1-year price change: +$85,334 (+3.0%)
– 5-year price change: +$1,020,623 (+53.4%)
– Metro area: Baltimore-Columbia-Towson, MD

#1. Royal Oak

– Typical home value: $1,170,951
– 1-year price change: +$138,729 (+13.4%)
– 5-year price change: +$534,201 (+83.9%)
– Metro area: Easton, MD

You may also like: Airports using biometric facial recognition in Maryland

By Stacker