Market Overview
Home Prices in Bel Air, MD
The median home value in Bel Air, MD is $469,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bel Air are priced15% above average. Bel Air is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Bel Air home values have risen by approximately18.3%, reflecting steady appreciation in this market.
Price History
Bel Air Home Price Trend
City Comparison
Bel Air vs. National Median
At $469,900, homes in Bel Air cost 15% above the national median of $410,000. Buyers in Bel Air should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bel Air?
20% Down Payment
$93,980
on $469,900
Monthly P&I
$2,451/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,113/mo
incl. taxes & insurance
Income Needed
$124,520
gross annual (30% rule)
10% Down Option
$46,990
+ PMI applies
Loan Amount (20% dn)
$375,920
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bel Air, MD?
The median home value in Bel Air is $469,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Bel Air?
Over the past year, home values in Bel Air have increased by 1.3%. Over five years, prices have risen approximately 18.3%.
How much do I need to earn to buy a home in Bel Air?
To comfortably afford the median home price of $469,900 with a 20% down payment ($93,980) at today's rates (6.8%), you'd need a gross annual income of approximately $124,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Bel Air compare to the national average home price?
The national median home value is approximately $410,000. At $469,900, homes in Bel Air are 15% above the national average.
What metro area is Bel Air part of?
Bel Air is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.