Market Overview
Home Prices in Grasonville, MD
The median home value in Grasonville, MD is $582,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grasonville are priced42% above average. Grasonville is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Grasonville home values have risen by approximately27.9%, reflecting strong long-term appreciation in this market.
Price History
Grasonville Home Price Trend
City Comparison
Grasonville vs. National Median
At $582,975, homes in Grasonville cost 42% above the national median of $410,000. Buyers in Grasonville should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Grasonville?
20% Down Payment
$116,595
on $582,975
Monthly P&I
$3,040/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,861/mo
incl. taxes & insurance
Income Needed
$154,440
gross annual (30% rule)
10% Down Option
$58,298
+ PMI applies
Loan Amount (20% dn)
$466,380
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 Grasonville, MD?
The median home value in Grasonville is $582,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Grasonville?
Over the past year, home values in Grasonville have increased by 2.4%. Over five years, prices have risen approximately 27.9%.
How much do I need to earn to buy a home in Grasonville?
To comfortably afford the median home price of $582,975 with a 20% down payment ($116,595) at today's rates (6.8%), you'd need a gross annual income of approximately $154,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Grasonville compare to the national average home price?
The national median home value is approximately $410,000. At $582,975, homes in Grasonville are 42% above the national average.
What metro area is Grasonville part of?
Grasonville is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.