Charles County, Maryland Housing Market Prices
Charles County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 33% above the Maryland median$354,268
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Median rent 13% above the Maryland median Among the 5 most expensive counties in Maryland$1,919
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Charles County | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $354,268 | $267,101 | $248,835 |
| Price Trend (Annual %) | 6.2% | 3.4% | 7.5% |
| Median Gross Rent | $1,919 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Charles County is about 33% higher than in Maryland. Rent is about 13% higher than the Maryland average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Charles County, up about 6.2% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Charles County rose about 29.1% between 2015 and 2024, from $1,486 to $1,919. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Charles County.
Buying the median-priced home in Charles County costs roughly 15.4 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Charles County. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Charles County | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $354,268 | $267,101 | $248,835 |
| Median Household Income | $122,633 | $103,916 | $80,455 |
| Price-to-Income Ratio | 2.9 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Charles County rose about 59.4%, while median household income rose about 36.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Charles County | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.3% | 62.4% | 58.5% |
| Rental Rate | 17.1% | 29.9% | 31.2% |
| Vacancy Rate | 4.6% | 7.7% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Charles County has a homeownership rate of 78.3%, higher than the Maryland average of 62.4%. Its housing vacancy rate is 4.6%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Charles County | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.78 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1991 | 1977 | 1978 |
| Median Number of Rooms | 7.1 | 6.2 | 5.5 |
The typical housing unit in Charles County was built around 1991. On average, 2.8 people live in a home with about 7.1 rooms, staying for about 16.0 years on average.
Charles County, MD Housing Compared With Nearby Counties
Charles County, MD is the 3rd largest of the 5 counties compared here, 170,501 residents against a local median of 132,022. Charles County, MD's median rent, at $1,919, runs 19% above the $1,613 typical of the counties around it.
Homeownership tells the same story from another angle: 82.1% against a local median of 69.3%, 19% above it. The one measure here that carries a verdict is homeownership, and at 19% above the local median it puts Charles County, MD at the better end of the local range. The counties themselves spread $1,304 on median rent, so Charles County, MD sits at one end of an already wide local range rather than apart from it. Charles County, MD has the 2nd highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Charles County, MD | 170,501 | $354,268 #3/5 | $1,919 #2/5 | 82.1% #1/5 |
| King George County, VA | 27,895 | $328,342 | $1,428 | 76.2% |
| Prince George's County, MD | 959,665 | $344,074 | $1,799 | 62.3% |
| Arlington County, VA | 236,150 | $370,061 | $2,321 | 41.3% |
| Westmoreland County, VA | 18,825 | $537,500 | $1,018 | 80.1% |
Frequently Asked Questions
Common questions about the housing market in Charles County, Maryland.
What is the median home price in Charles County, Maryland?
The median home price in Charles County, Maryland is $354,268, higher than the Maryland average of $267,101.
What is the average home price in Charles County, Maryland?
The typical home price in Charles County, Maryland, reported as the median sale price, is $354,268. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Charles County, Maryland?
The median gross rent in Charles County, Maryland is $1,919 per month, higher than the Maryland average of $1,704.
What was the median gross rent in Charles County in 2020?
In 2020, the median gross rent in Charles County, Maryland was $1,686 per month.
What is the price-to-rent ratio in Charles County, Maryland?
The price-to-rent ratio in Charles County, Maryland is about 15.4, meaning it would take roughly 15.4 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Charles County.
Are home prices or rent rising faster in Charles County, Maryland?
Both home prices and rent are rising in Charles County, up about 6.2% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Charles County, Maryland?
78.3% of households in Charles County, Maryland own their home, higher than the Maryland average of 62.4%.
What is the vacancy rate in Charles County, Maryland?
The housing vacancy rate in Charles County, Maryland is 4.6%, lower than the Maryland average of 7.7%.
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