Market Overview
Home Prices in Mount Savage, MD
The median home value in Mount Savage, MD is $130,811 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Savage are priced68% below average. Mount Savage is part of the Cumberland, MD-WV metro area.
Over the past five years, Mount Savage home values have risen by approximately13.3%, reflecting steady appreciation in this market.
Price History
Mount Savage Home Price Trend
City Comparison
Mount Savage vs. National Median
At $130,811, homes in Mount Savage cost 68% below the national median of $410,000. This makes Mount Savage a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mount Savage?
20% Down Payment
$26,162
on $130,811
Monthly P&I
$682/mo
30-yr @ 6.8%
Total Monthly Est.
~$866/mo
incl. taxes & insurance
Income Needed
$34,640
gross annual (30% rule)
10% Down Option
$13,081
+ PMI applies
Loan Amount (20% dn)
$104,649
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 Mount Savage, MD?
The median home value in Mount Savage is $130,811 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Mount Savage?
Over the past year, home values in Mount Savage have decreased by 0.8%. Over five years, prices have risen approximately 13.3%.
How much do I need to earn to buy a home in Mount Savage?
To comfortably afford the median home price of $130,811 with a 20% down payment ($26,162) at today's rates (6.8%), you'd need a gross annual income of approximately $34,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Savage compare to the national average home price?
The national median home value is approximately $410,000. At $130,811, homes in Mount Savage are 68% below the national average.
What metro area is Mount Savage part of?
Mount Savage is part of the Cumberland, MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.