Markets › Maryland
Maryland housing market
In the Old Line State, part of the Census Bureau's South Atlantic division, Pecan Street tracks four markets. Median sale prices run from $339K in Hagerstown to $423K in Lexington Park over Jul–Sep 2026. Three of four are higher than a year earlier and one is lower; Hagerstown leads at +6.2% and Lexington Park trails at -0.1%.
Homes sit longest in Salisbury (72 median days on market) and sell fastest in Lexington Park (42 days). The share of active listings with a price cut runs from 34% in Salisbury to 42% in Baltimore. Price-to-rent ratios run from about 14 in Baltimore to 19 in Salisbury, measured as years of HUD Fair Market Rent per median sale price. Maryland's unemployment rate was 3.9% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Baltimore | $420K | +2.4% | 46 | 42% | ≈ 14 |
| Hagerstown | $339K | +6.2% | 46 | 37% | ≈ 16 |
| Lexington Park | $423K | -0.1% | 42 | 35% | ≈ 16 |
| Salisbury | $422K | +2.9% | 72 | 34% | ≈ 19 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.