Home›Maryland›Faulkner
📍 Faulkner, MD · Zillow ZHVI · July 2026

Average Home Price in
Faulkner, MD

Washington-Arlington-Alexandria, DC-VA-MD-WV metro area · Charles County County

Median Home Value
$499,940
↓ 0.5% year-over-year
vs. National Median
$410,000
Faulkner is 22% above
Est. Monthly Payment
$2,607/mo
20% down · 6.8% rate
Income Needed
$132K
gross annual (30% rule)
Median Home Value
$499,940
↓ 0.5% year-over-year
Down Payment (20%)$99,988
Monthly P&I$2,607/mo
With Taxes & Ins.~$3,311/mo
Income Needed$132,440/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Faulkner, MD

The median home value in Faulkner, MD is $499,940 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 2.2% from two years prior.

Compared to the U.S. national median of $410,000, homes in Faulkner are priced22% above average. Faulkner is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.

City Comparison

Faulkner vs. National Median

🏠 Faulkner
$499,940
National Median
$410,000

At $499,940, homes in Faulkner cost 22% above the national median of $410,000. Buyers in Faulkner should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Faulkner?

20% Down Payment
$99,988
on $499,940
Monthly P&I
$2,607/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,311/mo
incl. taxes & insurance
Income Needed
$132,440
gross annual (30% rule)
10% Down Option
$49,994
+ PMI applies
Loan Amount (20% dn)
$399,952
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 Faulkner, MD?
The median home value in Faulkner is $499,940 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Faulkner?
Over the past year, home values in Faulkner have decreased by 0.5%.
How much do I need to earn to buy a home in Faulkner?
To comfortably afford the median home price of $499,940 with a 20% down payment ($99,988) at today's rates (6.8%), you'd need a gross annual income of approximately $132,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Faulkner compare to the national average home price?
The national median home value is approximately $410,000. At $499,940, homes in Faulkner are 22% above the national average.
What metro area is Faulkner part of?
Faulkner is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.