Cheapest Places to Buy a Home in Maryland

If you're looking to buy a home in Maryland without breaking the bank, you're in luck. While some areas in the state have sky-high property prices, there are still affordable places where you can find a great home at a reasonable price. Whether you're a first-time homebuyer or an investor looking for a budget-friendly deal, here are some of the cheapest places to buy a home in Maryland.

1. Cumberland

Cumberland consistently ranks as one of the most affordable cities in Maryland. With a median home price well below the state average, this historic town offers charming homes, a low cost of living, and scenic mountain views. It’s a great option for buyers looking for affordability and small-town charm.

2. Hagerstown

Located in Western Maryland, Hagerstown is a growing city that still offers some of the lowest home prices in the state. With easy access to both Baltimore and Washington, D.C., it’s an attractive option for commuters looking to save on housing costs.

3. Salisbury

Salisbury, the largest city on Maryland’s Eastern Shore, provides affordable housing with a coastal lifestyle. Homebuyers here can find reasonably priced properties, along with access to beaches, parks, and cultural attractions.

4. Dundalk

For those who want to stay close to Baltimore without the high city prices, Dundalk is a great option. This working-class suburb offers lower home prices compared to other Baltimore metro areas, making it an ideal choice for first-time buyers and families.

5. Baltimore City

Despite being one of Maryland’s largest cities, Baltimore still has some of the most affordable home prices in the state. Many neighborhoods offer budget-friendly housing options, especially for those willing to invest in fixer-uppers or take advantage of first-time homebuyer programs.

6. Cambridge

Located on the Chesapeake Bay, Cambridge is an affordable town known for its rich history and waterfront charm. Home prices are relatively low compared to other waterfront communities, making it a great place to buy a home with scenic views.

7. Frostburg

Frostburg, home to Frostburg State University, offers affordable homes with a small-town feel. With a low median home price and a strong rental market, it’s a good place for both buyers and investors.

8. Elkton

Situated near the Delaware border, Elkton is an affordable Maryland town with easy access to major highways. The cost of living is lower than in many other parts of the state, and it’s a great option for those looking for budget-friendly homeownership.

Final Thoughts

If you're searching for an affordable home in Maryland, these towns and cities provide great options with budget-friendly price tags. Whether you prefer a quiet small town, a suburban setting, or a city with investment potential, there's a location that fits your needs and budget.

Need help finding the perfect home? Contact Dajinae Bell at Century 21 Harris Hawkins And Co today for expert guidance on buying an affordable home in Maryland!