Maryland
Local Housing Market · Zillow ZHVI · May 2026
$434,033
Typical Home Value
▲ 0.1% YoY ▼ 0.07% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Maryland Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$434,033
▲ 0.1% YoY
Month-over-Month
▼ 0.07% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Maryland
Market Indicators
REALTOR.COM🏦 LO Market Signal · June 2026
• Inventory is up 14.3% YoY and listing prices are softening 3.5% YoY with 17.9% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 38 days — a moderate-paced market. Pending ratio is 0.57 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 4.1% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$439,000
▼ 3.5% YoY
Median Days on Market
38d
0d YoY
Active Listings
15,909
▲ 14.3% YoY
New Listings
8,456
▲ 4.1% YoY
Price Reduced Share
17.9%
of active listings
Pending Ratio
0.57
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Maryland
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · June 2026
Lexington Park
▼ COOLING
National rank #63
Median Price
$499,900
Median DOM
24d
Demand score 50/100
Hagerstown-Martinsburg
▼ COOLING
National rank #93
Median Price
$364,900
Median DOM
37d
Demand score 53/100
Baltimore-Columbia-Towson
▼ COOLING
National rank #132
Median Price
$389,900
Median DOM
33d
Demand score 21/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply