Market Overview
Home Prices in Leonardtown, MD
The median home value in Leonardtown, MD is $541,016 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% 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 Leonardtown are priced32% above average. Leonardtown is part of the California-Lexington Park, MD metro area.
Over the past five years, Leonardtown home values have risen by approximately19.2%, reflecting steady appreciation in this market.
Price History
Leonardtown Home Price Trend
City Comparison
Leonardtown vs. National Median
At $541,016, homes in Leonardtown cost 32% above the national median of $410,000. Buyers in Leonardtown should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Leonardtown?
20% Down Payment
$108,203
on $541,016
Monthly P&I
$2,822/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,584/mo
incl. taxes & insurance
Income Needed
$143,360
gross annual (30% rule)
10% Down Option
$54,102
+ PMI applies
Loan Amount (20% dn)
$432,813
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 Leonardtown, MD?
The median home value in Leonardtown is $541,016 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Leonardtown?
Over the past year, home values in Leonardtown have increased by 3.4%. Over five years, prices have risen approximately 19.2%.
How much do I need to earn to buy a home in Leonardtown?
To comfortably afford the median home price of $541,016 with a 20% down payment ($108,203) at today's rates (6.8%), you'd need a gross annual income of approximately $143,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Leonardtown compare to the national average home price?
The national median home value is approximately $410,000. At $541,016, homes in Leonardtown are 32% above the national average.
What metro area is Leonardtown part of?
Leonardtown is part of the California-Lexington Park, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.