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📍 Lonaconing, MD · Zillow ZHVI · July 2026

Average Home Price in
Lonaconing, MD

Cumberland, MD-WV metro area · Garrett County County

Median Home Value
$113,669
↓ 3.6% year-over-year
vs. National Median
$410,000
Lonaconing is 72% below
Est. Monthly Payment
$593/mo
20% down · 6.8% rate
Income Needed
$30K
gross annual (30% rule)
Median Home Value
$113,669
↓ 3.6% year-over-year
Down Payment (20%)$22,734
Monthly P&I$593/mo
With Taxes & Ins.~$753/mo
Income Needed$30,120/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Lonaconing, MD

The median home value in Lonaconing, MD is $113,669 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.6% compared to a year ago and down 3.5% from two years prior.

Compared to the U.S. national median of $410,000, homes in Lonaconing are priced72% below average. Lonaconing is part of the Cumberland, MD-WV metro area.

City Comparison

Lonaconing vs. National Median

🏠 Lonaconing
$113,669
National Median
$410,000

At $113,669, homes in Lonaconing cost 72% below the national median of $410,000. This makes Lonaconing a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Lonaconing?

20% Down Payment
$22,734
on $113,669
Monthly P&I
$593/mo
30-yr @ 6.8%
Total Monthly Est.
~$753/mo
incl. taxes & insurance
Income Needed
$30,120
gross annual (30% rule)
10% Down Option
$11,367
+ PMI applies
Loan Amount (20% dn)
$90,935
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 Lonaconing, MD?
The median home value in Lonaconing is $113,669 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.6% year-over-year.
How much have home prices changed in Lonaconing?
Over the past year, home values in Lonaconing have decreased by 3.6%.
How much do I need to earn to buy a home in Lonaconing?
To comfortably afford the median home price of $113,669 with a 20% down payment ($22,734) at today's rates (6.8%), you'd need a gross annual income of approximately $30,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Lonaconing compare to the national average home price?
The national median home value is approximately $410,000. At $113,669, homes in Lonaconing are 72% below the national average.
What metro area is Lonaconing part of?
Lonaconing is part of the Cumberland, MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.