Charles County, Maryland Housing Market
In Charles County, Maryland, the median home value is $428,500, with a median monthly rent of $1,920. This places Charles County at #231 nationally out of 3134 counties by median home value, and #8 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: $1,037
- Establishments: 3,165
- BLS QCEW, 2025
Housing Supply
- Single-family: 935
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 72,149 (avg $86,549)
- Outflow: 68,472 (avg $87,884)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Charles County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 20603 | 248.9 | -13.11% | 2025 |
| 2 | 20664 | 296.8 | +5.36% | 2025 |
| 3 | 20677 | 231.2 | -10.96% | 2025 |
| 4 | 20640 | 255.8 | -8.93% | 2025 |
| 5 | 20625 | 292.4 | +11.52% | 2025 |
| 6 | 20695 | 225.2 | -4.76% | 2025 |
| 7 | 20659 | 261.9 | +10.74% | 2025 |
| 8 | 20675 | 204.3 | -12.70% | 2025 |
| 9 | 20616 | 250.9 | -1.73% | 2025 |
| 10 | 20607 | 271.7 | +2.49% | 2025 |
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 Charles County Compares
| Metric | Charles County | Maryland Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $428,500 | $370,016 | $227,706 |
| Median Gross Rent | $1,920 | $1,459 | $968 |
| Owner Occupancy Rate | 82.1% | 72.7% | 73.3% |
| Price/Rent Ratio | 18.6 | 21.1 | 18.7 |
Market Analysis
The median home value in Charles County is 15.8% above the Maryland state average and 88.2% above the U.S. national average. The median rent of $1,920/month is 31.6% above the state average.
With a price-to-rent ratio of 18.6, the buy-vs-rent decision in Charles County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Charles County has an owner-occupancy rate of 82.1%, 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 |
|---|---|---|---|
| Gem County | Idaho | $428,700 | $1,038 |
| King George County | Virginia | $428,300 | $1,428 |
| Greater Bridgeport Planning Region | Connecticut | $428,800 | $1,546 |
| Williamsburg city | Virginia | $428,100 | $1,407 |
| Wilson County | Tennessee | $428,000 | $1,486 |
Other Counties in Maryland
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Prince George's County | $426,000 | $1,799 | 62.3% |
| Carroll County | $434,000 | $1,427 | 84.3% |
| Talbot County | $409,700 | $1,256 | 75.1% |
| St. Mary's County | $407,600 | $1,747 | 73.2% |
| Calvert County | $460,200 | $1,759 | 87.2% |
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).