St. Mary's County, Maryland Housing Market
In St. Mary's County, Maryland, the median home value is $407,600, with a median monthly rent of $1,747. This places St. Mary's County at #274 nationally out of 3134 counties by median home value, and #11 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: $1,466
- Establishments: 2,124
- BLS QCEW, 2025
Housing Supply
- Single-family: 264
- Multi-family: 18
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 47,439 (avg $98,319)
- Outflow: 44,465 (avg $100,154)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in St. Mary's County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 20619 | 230.9 | -3.13% | 2025 |
| 2 | 20634 | 269.9 | +18.93% | 2025 |
| 3 | 20636 | 224.2 | +2.73% | 2025 |
| 4 | 20650 | 262.6 | +4.83% | 2025 |
| 5 | 20653 | 247.8 | +8.02% | 2025 |
| 6 | 20620 | 197.8 | +5.64% | 2021 |
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 St. Mary's County Compares
| Metric | St. Mary's County | Maryland Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $407,600 | $370,016 | $227,706 |
| Median Gross Rent | $1,747 | $1,459 | $968 |
| Owner Occupancy Rate | 73.2% | 72.7% | 73.3% |
| Price/Rent Ratio | 19.4 | 21.1 | 18.7 |
Market Analysis
The median home value in St. Mary's County is 10.2% above the Maryland state average and 79.0% above the U.S. national average. The median rent of $1,747/month is 19.7% above the state average.
With a price-to-rent ratio of 19.4, the buy-vs-rent decision in St. Mary's County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
St. Mary's County has an owner-occupancy rate of 73.2%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Benton County | Washington | $407,800 | $1,306 |
| Cobb County | Georgia | $407,200 | $1,730 |
| Jefferson County | Idaho | $408,400 | $1,138 |
| Mecklenburg County | North Carolina | $406,800 | $1,627 |
| Dawson County | Georgia | $406,700 | $1,626 |
Other Counties in Maryland
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Talbot County | $409,700 | $1,256 | 75.1% |
| Prince George's County | $426,000 | $1,799 | 62.3% |
| Charles County | $428,500 | $1,920 | 82.1% |
| Harford County | $386,400 | $1,586 | 79.7% |
| Carroll County | $434,000 | $1,427 | 84.3% |
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).