Maryland Housing Market Update | February 2026
Are home prices in Maryland going up, or is now a good time to buy?
As we enter February 2026 and Maryland real estate markets appear more stable compared to past years, prices slowly increasing with more homes on the market available and buyers taking longer before making offers, many are asking themselves this question.
Pending sales -- homes under contract but still for sale--are showing that buyers remain active. With more homes for sale available to both parties in the market, balance has returned, and both can make informed decisions with ease.
Maryland Housing Market Overview
The Maryland housing market is showing signs of balance this year.
Statewide highlights:
Median home price: ~$405,999
Active listings: Up about 18% from last year
Median days on market: ~62
Pending sales: Up roughly 8%
What this means:
Buyers now have more homes from which to select and more time on their hands for consideration.
Sellers should still anticipate steady, moderate price growth.
Bidding wars tend to occur less often outside of prime neighborhoods.
Baltimore Housing Market
Baltimore real estate has one of the most economical markets in Maryland, making it an appealing prospect for first-time homebuyers, investors, and those priced out of nearby suburbs alike.
Baltimore at a glance:
Median home price: ~$229,900
Active listings: ~3,980
Median days on market: ~62
Key points:
Prices are lower than the state median, offering good value.
Inventory is growing, so buyers have more options.
Renovated rowhome areas are still competitive.
Columbia MD Housing Market
Columbia remains an appealing option for families and professionals due to its exceptional schools, amenities, and commuter accessibility - thus driving demand upwards.
Columbia snapshot:
Median home price: ~$475,000
Days on market: ~35
Inventory: Limited in the most desirable neighborhoods
Highlights:
Sales for move-up buyers and relocating professionals tend to dominate sales volumes.
Priced competitively and situated within highly desirable communities, homes with competitively priced prices tend to sell fast.
Prices are above the Maryland median but match the area’s appeal.
Frederick MD Housing Market
Frederick, MD's housing market remains on an upswing as buyers look for larger spaces without leaving Washington D.C too far behind.
Frederick snapshot:
Median home price: ~$440,000–$475,000
Active listings: ~534
Median days on market: ~50
What to know:
Inventory levels have seen an upsurge compared to last year, giving buyers greater options.
Homes sell at a moderate pace, making the market predictable.
Frederick appeals to families and remote workers looking for value.
Silver Spring Housing Market
Due to Silver Spring's proximity to Washington D.C. and public transportation services, as well as federal jobs, its housing market remains highly affordable.
Silver Spring snapshot:
Median home price: ~$560,000
Days on market: ~32
Inventory: Limited in top neighborhoods
Highlights:
Homes near Metro stations sell quickly.
Prices are above the statewide median.
Competition remains strong in the most desirable areas.
Annapolis Housing Market
Annapolis real estate market draws lifestyle buyers, military families, and second homebuyers. Waterfront properties are a big driver of demand.
Annapolis snapshot:
Median home price: ~$610,000–$670,000
Days on market: ~50
Inventory: Improving, especially waterfront homes
Key points:
The Naval Academy influences local demand.
Luxury and lifestyle buyers remain active.
Annapolis homes are priced higher than most other Maryland cities.
Maryland Housing Market Forecast 2026
Maryland housing market projection 2026 indicates relative stability as opposed to sudden market changes. Key points may include:
Federal and government employment
Military relocation patterns
Strong commuter infrastructure
Lifestyle-driven migration
While areas surrounding Washington D.C. such as Silver Spring and Annapolis, remain highly sought-after by buyers, an increase in inventory across Virginia gives buyers more choices than in years past.
Tips for Buyers and Sellers
For buyers:
More inventory means you can compare options.
Popular neighborhoods still sell quickly, so be prepared to act when your ideal property appears.
For sellers:
Price homes realistically to attract buyers.
Staging and marketing of homes that remain on the market longer are increasingly essential.
Conclusion
The Maryland housing market in February 2026 was genuinely balanced, and that's rare. Buyers had more homes to choose from and real time to decide. Sellers still saw steady price growth. Silver Spring and Annapolis stayed competitive and in high demand. Baltimore, Frederick, and Columbia offered more flexibility and better value for your budget.
Staying aware of Maryland real estate trends is vital when buying, moving up, or selling. Following inventory, prices, and neighborhood activity is crucial in making smart decisions when investing.
Click here for help in crafting a tailored Maryland home-buying strategy to find your ideal property!