10 Most Affordable Places to Buy a Home in Maryland
Maryland is a good place that you can call your home. The old-line state offers interesting attractions, job opportunities, and fun activities. You also enjoy a lot of benefits in staying here such as quality schools and hospitals. On top of that, the cost of living is relatively cheaper than Washington D.C.
Indeed, housing cost is always one of the factors that you need to consider when choosing your new home. In 8 Day Home Sale, we buy houses in Maryland. We also sell! If you want to see a cost-efficient home, you can direct to our move-in ready listings.
Cumberland
Cumberland, also dubbed as “Where the South Begins” spearheads the list. Usually, the houses here are priced within the average of $79,500 to $99,900. If your median income is approximately $36,000, homes within the area have a good price to income ratio.
Brunswick
For as low as $954/month you can rent a quality house in Brunswick. It’s $100,000 median price is worthy for the perks you can avail here. From cultural heritages, fancy restaurants, appetizing food—you can do a lot of things here despite being a small town.
Hagerstown
Meanwhile, you can purchase a house in Hagerstown for a median price of $149,900 and not lower than $120,000. If you are a huge fan of culture, heritages, museums and galleries, you might want to check this place out.
Greenbelt
The Greenbelt area indeed gives you an urban-suburban feel. Although the town is space-savvy, you got to experience top-tier local activities for all ages. It also provides tranquility and simple living. Furthermore, the accessibility to major highways is a plus, allowing residents to easily commute in the metropolitan area. These are all covered for just a price of approximately $220,000.
Arbutus
You need to buy a house in Maryland. However, you can’t afford Baltimore. Don’t be discouraged as Arbutus is a good alternative! This suburb is just minutes away from the city, so you still have access to huge amenities. Good thing, you got all of it at a house median price of #226,000!
Frederick
If you want a place that is a combination of a modern yet historical city, Frederick is a good pick. Its median purchase price costs around $250,000 to $340,000. With a household income of around $65,000 you can relish jam-packed edges of living here including museums, bars, shops, and more.
Hampstead
If you have a greater budget, you may want to consider residing in Hampstead. The price usually ranges from $250,000 to $340,000. But this cost comes in a great package. This suburb is perfect for affluent families looking for a great education system and security.
Easton
If your family is planning to settle in Maryland including retirees, Easton is the best place to live life. Its median purchase price is $270,000 in cash. The rural area and residents are usually liberal. Thus, enjoying and expressing oneself is free here.
Gaithersburg
One of the best options in the list, Gaithersburg is undoubtedly a dream home in Maryland. Being the third-largest city, it is understandable that its home value is approximately $363,800. But given the perks that you can enjoy, this is all worthy.
The economy is truly top notch, and the environment is not to belittle. It covers tons of job opportunities that can give you a median income of $78,000. The residents are also great with several attractions like beaches and parks along the area.
Annapolis
The median home value in Annapolis is approximately $375,000—a not so totally affordable price. But this is Maryland’s capital, so what can you ask for? You get a lot of great things from schools to jobs and water-based activities without spending millions of dollars.