Maryland
Local Housing Market · Zillow ZHVI · September 2026
$424,890
Typical Home Value
▼ 0.1% YoY ▼ 0.13% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Maryland Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$424,890
▼ 0.1% YoY
Month-over-Month
▼ 0.13% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · 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 · September 2026
• Inventory is up 17.1% YoY and listing prices are softening 4.0% YoY with 21.2% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 47 days — a moderate-paced market. Pending ratio is 0.41 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 0.3% YoY. Seller activity is stable.
Median Listing Price
$425,000
▼ 4.0% YoY
Median Days on Market
47d
0d YoY
Active Listings
17,577
▲ 17.1% YoY
New Listings
7,522
▲ 0.3% YoY
Price Reduced Share
21.2%
of active listings
Pending Ratio
0.41
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) · September 2026
Lexington Park
▼ COOLING
National rank #101
Median Price
$485,000
Median DOM
36d
Demand score 32/100
Hagerstown-Martinsburg
▼ COOLING
National rank #108
Median Price
$364,900
Median DOM
45d
Demand score 47/100
Baltimore-Columbia-Towson
▼ COOLING
National rank #148
Median Price
$375,000
Median DOM
44d
Demand score 17/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply