Calvert County, Maryland Housing Market
In Calvert County, Maryland, the median home value is $460,200, with a median monthly rent of $1,759. This places Calvert County at #178 nationally out of 3134 counties by median home value, and #6 within Maryland.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,150
- Establishments: 1,986
- BLS QCEW, 2025
Housing Supply
- Single-family: 119
- Multi-family: 38
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 39,771 (avg $108,733)
- Outflow: 37,530 (avg $109,855)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Calvert County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 20685 | 253.2 | +12.43% | 2025 |
| 2 | 20657 | 236.2 | -1.05% | 2025 |
| 3 | 20639 | 246.4 | +5.07% | 2025 |
| 4 | 20678 | 233.1 | +0.77% | 2025 |
| 5 | 20676 | 243.4 | +7.69% | 2025 |
| 6 | 20732 | 262.6 | +0.58% | 2025 |
| 7 | 20689 | 205.2 | +7.15% | 2022 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Calvert County Compares
| Metric | Calvert County | Maryland Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $460,200 | $370,016 | $227,706 |
| Median Gross Rent | $1,759 | $1,459 | $968 |
| Owner Occupancy Rate | 87.2% | 72.7% | 73.3% |
| Price/Rent Ratio | 21.8 | 21.1 | 18.7 |
Market Analysis
The median home value in Calvert County is 24.4% above the Maryland state average and 102.1% above the U.S. national average. The median rent of $1,759/month is 20.6% above the state average.
With a price-to-rent ratio of 21.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Calvert County has an owner-occupancy rate of 87.2%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Dare County | North Carolina | $460,400 | $1,345 |
| Gillespie County | Texas | $460,700 | $1,340 |
| Passaic County | New Jersey | $459,500 | $1,621 |
| Orange County | North Carolina | $459,500 | $1,496 |
| El Paso County | Colorado | $461,000 | $1,696 |
Other Counties in Maryland
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Queen Anne's County | $462,700 | $1,619 | 82.9% |
| Frederick County | $464,600 | $1,774 | 77.0% |
| Anne Arundel County | $467,900 | $2,071 | 75.1% |
| Carroll County | $434,000 | $1,427 | 84.3% |
| Charles County | $428,500 | $1,920 | 82.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).