Market Overview
Home Prices in Lochearn, MD
The median home value in Lochearn, MD is $321,997 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lochearn are priced21% below average. Lochearn is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Lochearn home values have risen by approximately18.9%, reflecting steady appreciation in this market.
Price History
Lochearn Home Price Trend
City Comparison
Lochearn vs. National Median
At $321,997, homes in Lochearn cost 21% below the national median of $410,000. This makes Lochearn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lochearn?
20% Down Payment
$64,399
on $321,997
Monthly P&I
$1,679/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,132/mo
incl. taxes & insurance
Income Needed
$85,280
gross annual (30% rule)
10% Down Option
$32,200
+ PMI applies
Loan Amount (20% dn)
$257,598
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 Lochearn, MD?
The median home value in Lochearn is $321,997 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Lochearn?
Over the past year, home values in Lochearn have increased by 2.1%. Over five years, prices have risen approximately 18.9%.
How much do I need to earn to buy a home in Lochearn?
To comfortably afford the median home price of $321,997 with a 20% down payment ($64,399) at today's rates (6.8%), you'd need a gross annual income of approximately $85,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Lochearn compare to the national average home price?
The national median home value is approximately $410,000. At $321,997, homes in Lochearn are 21% below the national average.
What metro area is Lochearn part of?
Lochearn is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.