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Maryland Real Estate Market Trends 2026

430000

Median Price
Vacancy Rate %

5.8

Population

6164660

Population Growth %

0.3

Home Price YoY % Change

3.8

Average Cap Rate %

5.5

Rent Yoy % Growth

3

Median Rent

1450

Market Overview

Maryland's real estate market in 2026 features a median home price of $430,000, reflecting a +3.8% year-over-year change. The rental market shows rising rents with a median one-bedroom at $1,450/month and two-bedroom at $1,750/month (+3% YoY). With a population of 6.2M that is steadily growing, Maryland represents a mid-range market with strong rental demand. The vacancy rate of 5.8% is near the national average (national: 7.2%). Top investment cities include Baltimore, Columbia, Germantown, Silver Spring, Frederick. Maryland is considered tenant-friendly in terms of rental regulations.

Top Investment Cities

Baltimore, Columbia, Germantown, Silver Spring, Frederick

Investment Outlook

Maryland's market offers an average cap rate of 5.5%, typical of mid-range markets. Investors should focus on value-add opportunities and neighborhoods with above-average rental demand. The high rental demand in Baltimore and Columbia provides the strongest opportunity for consistent occupancy and rent growth.

Key Takeaways for 2026

Median home price: $430,000 (+3.8% YoY)
Average rent: $1450-$1750/mo
Cap rate: 5.5%
Vacancy: 5.8%
Population growth: +0.3%
Demand: High
Regulation: Tenant-Friendly

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