Maryland offers a unique combination of suburban DC access, Chesapeake Bay waterfront, and strong employment from federal and defense sectors. Rick Villa is licensed in Maryland and works with buyers throughout the state.
The Maryland Housing Market
The Greater DC metro area (Montgomery and Prince George’s counties) drives much of Maryland’s market, with median prices ranging from $500,000–$700,000 in the suburbs to $300,000–$400,000 in Western Maryland and the Eastern Shore.
Key submarkets:
- Montgomery County: Wealthy DC suburb with outstanding schools (Bethesda, Potomac, Rockville). High demand, limited inventory.
- Prince George’s County: More accessible prices, significant government employee population.
- Anne Arundel County: Annapolis and surrounding area. Mix of waterfront premium and suburban affordability.
- Baltimore City/County: Significant price range depending on neighborhood. Strong medical and education employment.
Maryland-Specific Programs
Maryland Mortgage Program (MMP): State-backed first mortgage at competitive rates paired with down payment assistance. Available through the Maryland Department of Housing.
House Keys 4 Employees: For state employees, offering down payment assistance.
Homebuyer Assistance Programs: Multiple counties and municipalities offer their own programs, particularly for first-time buyers.
What’s Different About Buying in Maryland
Maryland uses attorneys for closings (not escrow companies as in California). You’ll need a real estate attorney to close your transaction.
Transfer taxes in Maryland run approximately 0.5% to the state plus local transfer taxes — budget for this in your closing costs.
VA Buyers in Maryland
Maryland has significant military presence (Andrews AFB, Aberdeen Proving Ground, Ft. Meade/NSA). VA loans are common and well-understood by local agents and lenders. Rick’s VA expertise is particularly valuable in this market.
We handle Maryland clients with the same personal attention we give every client — reviewing every application personally and responding within 24 hours.