Market Overview
Home Prices in Saint Michaels, MD
The median home value in Saint Michaels, MD is $735,646 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saint Michaels are priced79% above average. Saint Michaels is part of the Easton, MD metro area.
Over the past five years, Saint Michaels home values have risen by approximately33.9%, reflecting strong long-term appreciation in this market.
Price History
Saint Michaels Home Price Trend
City Comparison
Saint Michaels vs. National Median
At $735,646, homes in Saint Michaels cost 79% above the national median of $410,000. Buyers in Saint Michaels should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Saint Michaels?
20% Down Payment
$147,129
on $735,646
Monthly P&I
$3,837/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,873/mo
incl. taxes & insurance
Income Needed
$194,920
gross annual (30% rule)
10% Down Option
$73,565
+ PMI applies
Loan Amount (20% dn)
$588,517
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 Saint Michaels, MD?
The median home value in Saint Michaels is $735,646 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Saint Michaels?
Over the past year, home values in Saint Michaels have increased by 2.3%. Over five years, prices have risen approximately 33.9%.
How much do I need to earn to buy a home in Saint Michaels?
To comfortably afford the median home price of $735,646 with a 20% down payment ($147,129) at today's rates (6.8%), you'd need a gross annual income of approximately $194,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Saint Michaels compare to the national average home price?
The national median home value is approximately $410,000. At $735,646, homes in Saint Michaels are 79% above the national average.
What metro area is Saint Michaels part of?
Saint Michaels is part of the Easton, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.