MonitorBankRates
☰
New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Funkstown, MD Housing Affordability Index

Funkstown, Maryland has an MBR Housing Affordability Index score of 89.8 (Moderately Less Affordable) as of October 30, 2026, ranking 174th most affordable of 259 scored Maryland cities, compared with 89.4 statewide and 97.4 nationally. On a median-priced $277,800 home with 20% down, the Maryland average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $1,518, or 30% of the city’s $61,392 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Funkstown is updated every night from live Maryland mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Funkstown MBR-HAI 89.8 Moderately Less Affordable
Rank in Maryland 174 of 259 1 = most affordable
Maryland 89.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% Maryland lenders
Median home value $277,800 U.S. Census Bureau

Funkstown is 0.5 points above the Maryland score. Scores as of October 30, 2026. See the Maryland index

View Funkstown Mortgage Rates

What It Takes to Buy in Funkstown

$1,518/mo
Principal & Interest
Median home, 20% down, 7.27%
$65,100
Income Needed
To keep the payment at 28% of income
$61,392
Median Household Income
Maryland: $103,678
4.5x
Price-to-Income Ratio
Maryland: 4.1x
$1,329/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,293/yr
Median Property Tax
0.83% of median value
41.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
28.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Funkstown, Maryland. The rate is the Maryland average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Funkstown Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Funkstown, Maryland score: 89.8 (Moderately Less Affordable), ranked 174 of 259 Maryland cities. monitorbankrates.com/housing-affordability-index/maryland/funkstown”