Home Value in Maryland (2026): Median Prices by County, with April 2026 Bright MLS Data

Part of: The Complete Guide to Selling a Home in Montgomery County, MD

Key Takeaways: Maryland's home values vary enormously by county — there is no single "Maryland home value." In April 2026, the D.C. metro portion of Maryland is led by Montgomery County at a $660,000 median sold price, with Frederick County at $510,000 and Prince George's County at $450,000 (Bright MLS April 2026 Report). The Maryland statewide median across all jurisdictions tracks closer to $430,000–$450,000, but the per-county number is what actually matters for any decision — buying, selling, refinancing, or appealing your tax assessment. Zillow's "Zestimate" misses real value by ±10–15% in normal markets and more in low-volume neighborhoods; a Bright-MLS comparable-sales analysis from a licensed agent is the standard for an accurate, defensible number.

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If you're looking up "home value in Maryland" — whether to estimate what your home is worth, what you can afford to buy, or what comparable properties are selling for — the answer depends entirely on where in Maryland. The state spans a range from $300K-median rural counties on the Eastern Shore and Western Maryland to $1M+ medians in parts of Bethesda and Chevy Chase. A single statewide number is almost useless for any practical decision.

Here is the actual April 2026 data, county by county, plus what to do when you need a real value for your specific home.

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What Is the Average Home Value in Maryland in April 2026?

The most current, broadest snapshot comes from the Bright MLS April 2026 Housing Market Report, which covers the D.C. metro portion of Maryland. The statewide picture is slightly lower than the metro figures because rural Eastern Shore and Western Maryland counties pull the average down.

April 2026 Median Sold Prices — Maryland counties (Bright MLS):

| County | Median Sold Price | YoY Change | Days on Market | Active Listings | |---|---|---|---|---| | Montgomery County, MD | $660,000 | -1.5% | 8 days | 1,831 (+12.7%) | | Frederick County, MD | $510,000 | +8.1% | 12 days | 619 (+21.1%) | | Prince George's County, MD | $450,000 | -1.0% | 21 days | 1,872 (+29.6%) | | D.C. Metro (Maryland + Northern VA + D.C.) | $661,000 | +0.9% | 8 days | 10,340 |

For comparison, Washington, D.C. itself: $661,500 median (-11.8% YoY), 18 days on market, 2,760 active listings.

Average vs. median: all figures above are median — the middle data point, less distorted by outliers. The average (mean) in Montgomery County typically runs 10–15% higher than median because of high-end Potomac and Bethesda transactions pulling the average up. For most purposes, median is the more useful number.

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How Much Has the Median Home Value in Maryland Changed in 2026?

The year-over-year picture in April 2026 is mixed across the state:

• Frederick County is the strongest performer: +8.1% YoY, with active listings up 21% as supply normalizes. Buyer demand here remains strong relative to inventory.
• Montgomery County is essentially flat: -1.5% YoY. The market is normalizing from the 6–7% YoY appreciation seen through 2025. Still firmly a seller's market (2.25 months of supply), just less dramatically so.
• Prince George's County is softening: -1.0% YoY with the largest inventory build in the metro (+29.6% active listings). Months of supply at 2.91 is the highest of the Maryland counties — buyers have more leverage here than elsewhere.
• D.C. metro overall: +0.9% YoY. Modest growth, broadly stable.

The takeaway: Maryland in 2026 is a stable, slightly-softening market in most counties, with Frederick as the outlier on the upside and Prince George's as the outlier on the downside. None of the data supports a "price crash" narrative; none supports another 6–8% YoY year either.

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What Is the Median Home Value in Montgomery County?

$660,000 in April 2026 (Bright MLS).

Within Montgomery County, the per-zip-code range is enormous:

• Bethesda (20814, 20816, 20817): $1.1M–$1.6M+ medians
• Chevy Chase: $1.4M+
• Potomac: $1.2M–$1.8M+
• Rockville (20850, 20852, 20853): $600K–$800K range
• Silver Spring (20910, 20906, 20902): $500K–$700K range
• Gaithersburg / Germantown: $450K–$600K range
• Wheaton / Aspen Hill: $450K–$575K range

The "Montgomery County median" averages across all of these. If you're trying to value a specific home, the county median is the wrong number — you need neighborhood-specific comps.

See Best Places to Live in the Washington, D.C. Metro: Montgomery County Edition for the neighborhood-level breakdown.

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What's the Median Home Value in Prince George's County?

$450,000 in April 2026 — but the picture warrants closer attention. Prince George's saw the largest inventory build in the metro (active listings +29.6% YoY, months of supply 2.91 — the highest among Maryland counties). The median dropped 1.0% YoY.

For sellers in Prince George's, the local read is the market is shifting from a strong seller's market to a balanced one. Pricing accuracy matters more than it did 12 months ago, and listings that overprice are sitting longer.

For buyers in Prince George's, this is the friendliest part of the D.C. metro right now — more inventory, more negotiation room, more reasonable pace. If your work doesn't tether you to a specific Maryland or Virginia submarket, the value-per-dollar math currently favors here.

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What's the Median Home Value in Frederick County?

$510,000 in April 2026, up 8.1% YoY — the strongest YoY appreciation in the Maryland portion of the metro. New listings are up 23.1% but pending sales are up 17.5%, so demand is keeping pace with the new supply. Days on market is 12 — longer than Montgomery County's 8 but still fast.

Frederick has been the steady winner of the post-2020 D.C. metro shift toward more space, lower taxes, and remote-flexible work. The county is far enough from D.C. to feel separate (45–60 minute commute), but close enough to remain practical for hybrid roles. The pricing trajectory reflects this — appreciation has outpaced Montgomery County for three years running.

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Why Are Zillow Home Value Estimates Usually Wrong?

Zillow's Zestimate is an algorithm trained on public records, recent sales, and listing details. It's a useful starting point — and it's also routinely off by 10–15% in either direction in normal markets, and more in:

• Low-transaction-volume neighborhoods (small sample = bad estimate)
• Recently renovated properties (the algorithm doesn't see what changed)
• Properties with material condition issues (the algorithm assumes average condition)
• Custom or unique properties (no good comps in the model)
• Anything above $1.5M (high-end markets are too sparse for algorithmic accuracy)

Zillow itself publishes error rates: the Zestimate accuracy page shows a median error rate around 2.4% nationally on listed homes but 7–9% on off-market homes — and the median hides the long tail of large errors.

For any decision with real money attached — listing your home, accepting an offer, negotiating a refinance, or appealing a tax assessment — the Zestimate is not the right tool. A licensed agent's comparable-sales analysis (using Bright MLS data the public can't access) typically gets within 2–4% of actual sale price.

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How Do I Get an Accurate Value for My Specific Maryland Home?

Three tiers of accuracy:

1. Free online estimates (Zillow, Redfin, Realtor.com)

Useful for ballparking. Compare 2–3 algorithms — if they all agree within 5%, the estimate is probably close. If they disagree wildly (one says $650K, another says $720K), the algorithms are struggling with your specific property and the estimates aren't trustworthy.

2. Comparative Market Analysis (CMA) from a licensed agent

This is the standard for an accurate, defensible number — and it's typically free when an agent is hoping you might list with them. The agent pulls 3–8 sold comparables from Bright MLS in the last 90–180 days, adjusts for differences (bedroom count, finished basement, condition, lot size, parking), and produces a value range supported by the data. Expect a range of about ±3% rather than a single number.

This is what title companies, mortgage lenders, and tax assessment appeal boards treat as authoritative.

3. Licensed appraisal

A formal, written appraisal by a Maryland-licensed appraiser. Required by most lenders for purchase and refinance loans. Costs $450–$700 for a standard residential property. Most accurate, most defensible, and most expensive.

For most homeowners, the free CMA from a licensed local agent is the right tool — it's data-driven, it costs nothing, and it captures neighborhood nuance that no algorithm sees.

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What's the Average Maryland Property Tax on My Home Value?

The effective tax rate in Montgomery County is approximately 1.0% of assessed value, combining state, county, and special district rates (Montgomery County tax info). Other Maryland counties run 0.85%–1.2%.

On the April 2026 median values:

• Montgomery County, $660K median home: ~$6,600/year in property tax
• Frederick County, $510K median home: ~$5,100/year
• Prince George's County, $450K median home: ~$4,500–$5,400/year (PG's rate is higher than average)

If your assessed value seems materially out of line with comparable sales, see Maryland Property Tax Assessment Appeal: How to Lower Your Bill in 2026.

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Bottom Line: There's No Single "Maryland Home Value"

The Maryland real estate market is regional. The April 2026 numbers from Bright MLS show a stable-but-normalizing picture:

• Montgomery County: $660,000, flat YoY
• Frederick County: $510,000, +8.1% YoY (the strongest)
• Prince George's County: $450,000, softening with most inventory growth
• D.C. metro overall: $661,000, +0.9% YoY

For your specific home, the county median is a starting point — not an answer. The accurate number comes from a licensed agent's CMA using current Bright MLS comparables in your neighborhood.

If you'd like a real, no-pressure CMA for your Maryland home — what it would actually list for in the May–June 2026 market, what comparable properties have sold for in your specific blocks, and what the realistic net would look like after costs — that's the conversation worth having before any decision.