Middle River, Maryland Housing Market Prices
Middle River 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 4% below the Maryland median$257,119
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Median rent 1% below the Maryland median$1,687
Housing Market Overview
| Metric | Middle River | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $257,119 | $267,101 | $248,835 |
| Price Trend (Annual %) | 11.4% | 3.4% | 7.5% |
| Median Gross Rent | $1,687 | $1,704 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 3.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Middle River is about 4% lower than in Maryland. Rent is about 1% lower 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 Middle River, up about 11.4% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Middle River rose about 52.8% between 2015 and 2024, from $1,104 to $1,687. Over the same span, rent in Maryland rose about 38.7%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Middle River.
Buying the median-priced home in Middle River costs roughly 12.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Middle River. The price-to-rent ratio in Maryland is about 13.1.
| Metric | Middle River | Maryland Avg | US Average |
|---|---|---|---|
| Median Home Price | $257,119 | $267,101 | $248,835 |
| Median Household Income | $82,553 | $103,916 | $80,455 |
| Price-to-Income Ratio | 3.1 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Middle River rose about 124.0%, while median household income rose about 47.9% 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 | Middle River | Maryland Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.9% | 62.4% | 58.5% |
| Rental Rate | 31.9% | 29.9% | 31.2% |
| Vacancy Rate | 7.2% | 7.7% | 10.2% |
| Median Tenure (years) | 12.0 | 15.0 | 15.0 |
| Median Year Moved In | 2014 | 2011 | 2011 |
Middle River has a homeownership rate of 60.9%, lower than the Maryland average of 62.4%. Its housing vacancy rate is 7.2%, compared with 7.7% in Maryland.
Housing Stock
| Metric | Middle River | Maryland Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.57 people | 2.53 people |
| Median Structure Built Year | 1981 | 1977 | 1978 |
| Median Number of Rooms | 5.8 | 6.2 | 5.5 |
The typical housing unit in Middle River was built around 1981. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Middle River, Maryland.
What is the median home price in Middle River, Maryland?
The median home price in Middle River, Maryland is $257,119, lower than the Maryland average of $267,101.
What is the average home price in Middle River, Maryland?
The typical home price in Middle River, Maryland, reported as the median sale price, is $257,119. 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 Middle River, Maryland?
The median gross rent in Middle River, Maryland is $1,687 per month, lower than the Maryland average of $1,704.
What was the median gross rent in Middle River in 2020?
In 2020, the median gross rent in Middle River, Maryland was $1,350 per month.
What is the price-to-rent ratio in Middle River, Maryland?
The price-to-rent ratio in Middle River, Maryland is about 12.7, meaning it would take roughly 12.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Middle River.
Are home prices or rent rising faster in Middle River, Maryland?
Both home prices and rent are rising in Middle River, up about 11.4% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Middle River, Maryland?
60.9% of households in Middle River, Maryland own their home, lower than the Maryland average of 62.4%.
What is the vacancy rate in Middle River, Maryland?
The housing vacancy rate in Middle River, Maryland is 7.2%, lower than the Maryland average of 7.7%.
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