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📍 Oldtown, MD · Zillow ZHVI · July 2026

Average Home Price in
Oldtown, MD

Cumberland, MD-WV metro area · Allegany County County

Median Home Value
$206,405
↑ 8.4% year-over-year
vs. National Median
$410,000
Oldtown is 50% below
Est. Monthly Payment
$1,076/mo
20% down · 6.8% rate
Income Needed
$55K
gross annual (30% rule)
Median Home Value
$206,405
↑ 8.4% year-over-year
Down Payment (20%)$41,281
Monthly P&I$1,076/mo
With Taxes & Ins.~$1,367/mo
Income Needed$54,680/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Oldtown, MD

The median home value in Oldtown, MD is $206,405 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% compared to a year ago and up 4.8% from two years prior.

Compared to the U.S. national median of $410,000, homes in Oldtown are priced50% below average. Oldtown is part of the Cumberland, MD-WV metro area.

Over the past five years, Oldtown home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.

City Comparison

Oldtown vs. National Median

🏠 Oldtown
$206,405
National Median
$410,000

At $206,405, homes in Oldtown cost 50% below the national median of $410,000. This makes Oldtown a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Oldtown?

20% Down Payment
$41,281
on $206,405
Monthly P&I
$1,076/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,367/mo
incl. taxes & insurance
Income Needed
$54,680
gross annual (30% rule)
10% Down Option
$20,641
+ PMI applies
Loan Amount (20% dn)
$165,124
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 Oldtown, MD?
The median home value in Oldtown is $206,405 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Oldtown?
Over the past year, home values in Oldtown have increased by 8.4%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Oldtown?
To comfortably afford the median home price of $206,405 with a 20% down payment ($41,281) at today's rates (6.8%), you'd need a gross annual income of approximately $54,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Oldtown compare to the national average home price?
The national median home value is approximately $410,000. At $206,405, homes in Oldtown are 50% below the national average.
What metro area is Oldtown part of?
Oldtown is part of the Cumberland, MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.