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Mortgage Rates in Maryland

Updated April 2026

Key Mortgage Metrics

Median Home Price

$380,000

30-Year Fixed Rate

6.6%

Property Tax Rate

1.09%

Est. Annual Property Tax

$4,142

Housing Market in Maryland

The median home price in Maryland is currently $380,000, with an average 30-year fixed mortgage rate of 6.6%. Property taxes in Maryland average 1.09% of home value, translating to approximately $4,142 annually on a median-priced home.

Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.

First-Time Homebuyer Programs

Maryland offers several programs to help first-time homebuyers:

  • Maryland Housing Opportunities Commission
  • First-time homebuyer programs

Contact your state housing finance agency for eligibility requirements and application details.

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