Looking to buy a house in Maryland without breaking the bank? Maryland offers a variety of towns where real estate prices are more affordable, making it easier for first-time homebuyers and young families to settle down. Whether you want a quiet neighborhood or a place close to city life, Maryland has options to fit different budgets and lifestyles.
This article explores the 10 most affordable towns in Maryland for buying a home in 2024. We will provide helpful details about each town, including average home prices and the local community vibe. Let’s dive into the best places where you can find a great deal on property in Maryland.
1. Cumberland
Cumberland is a small town located in western Maryland. It is known for its low cost of living and beautiful natural surroundings, including parks and the scenic Potomac River. The median home price here is quite affordable compared to other parts of Maryland. Cumberland is ideal for those who enjoy outdoor activities and a quiet lifestyle.
As per data from Realtor.com, the median home price in Cumberland is around $120,000, making it one of the cheapest towns in the state.
2. Hagerstown
Hagerstown offers affordable housing options while providing access to shopping, restaurants, and history. This town has a mix of urban and suburban living and is known for its historic downtown. The average home price is slightly higher than Cumberland but still affordable for many buyers.
According to Zillow, home prices in Hagerstown average around $170,000, a bargain considering its amenities and location close to both Maryland and Pennsylvania.
3. Frostburg
Frostburg is a small college town known for Frostburg State University. It provides a good mix of affordable housing with educational and cultural attractions. The town has a friendly atmosphere and is a great option for young buyers looking for community events and a quieter pace.
The median home price in Frostburg ranges near $130,000, which fits well within the budget of many first-time buyers.
4. Salisbury
Salisbury is one of Maryland’s fastest-growing towns due to its affordability and job opportunities. It offers coastal living near the Atlantic and Chesapeake Bay, with plenty of outdoor activities. Housing prices are moderate, making it a preferred spot for families starting out.
Homes in Salisbury average around $190,000, based on information from the Maryland Association of Realtors.
5. Cambridge
Cambridge boasts a charming waterfront and history dating back to colonial times. It attracts buyers seeking scenic beauty without high prices. The city is also developing economically, which may increase property values in the future but currently offers attractive prices.
Median home prices here are about $160,000, according to market trends from Zillow.
6. Easton
Easton combines small-town charm with a strong arts and cultural scene. It is known for its historic homes and walkable downtown area. While prices are rising, Easton still offers some affordable homes compared to other parts of Maryland’s Eastern Shore.
According to local real estate reports, average home prices in Easton are approximately $200,000, making it a reasonable choice for many buyers.
7. Elkton
Elkton is a town near the Delaware border, offering affordable homes and convenient access to nearby cities like Philadelphia and Baltimore. Its location is great for commuters, and the town maintains a friendly, community-focused environment.
The average home costs around $180,000, as per recent data from Realtor.com.
8. La Plata
La Plata is known for its suburban feel and good schools, attracting families and young professionals. While it is affordable compared to Washington D.C. suburbs, prices here are a bit higher than some other towns on this list.
Home prices in La Plata average around $220,000, according to local market listings.
9. Hurlock
Hurlock is a smaller town with a welcoming community and low housing prices. It’s perfect for buyers who want a slower pace of life and are interested in agricultural surroundings. The town is gradually growing, making now a good time to invest.
The median home price is roughly $140,000, providing excellent value for buyers.
10. Mount Airy
Mount Airy offers a blend of Maryland and Pennsylvania charm with a historic downtown and affordable real estate options. It’s located near major highways, making it a convenient location for commuters and families alike.
Zillow estimates the average home price here at about $210,000—a great price for a town with many community activities.
Final Thoughts on Buying Affordable Homes in Maryland
Maryland’s real estate market may be competitive, but these towns offer affordable housing that suits a range of budgets. Whether you’re a young buyer or relocating from another country, exploring towns like Cumberland, Hagerstown, and Salisbury can open doors to great opportunities.
For up-to-date information on home prices and market trends, trusted resources such as Realtor.com and Zillow are valuable. The Maryland Association of Realtors also provides helpful local insights.
Start your home buying journey today in one of Maryland’s affordable towns, and enjoy the best mix of costs, community, and lifestyle that this diverse state offers.
