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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

Sharptown, MD Housing Affordability Index

Sharptown, Maryland has an MBR Housing Affordability Index score of 152.7 (Highly Affordable) as of October 30, 2026, ranking 15th most affordable of 259 scored Maryland cities, compared with 89.4 statewide and 97.4 nationally. On a median-priced $192,500 home with 20% down, the Maryland average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $1,052, or 15% of the city’s $85,938 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Sharptown 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.

Sharptown MBR-HAI 152.7 Highly Affordable
Rank in Maryland 15 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 $192,500 U.S. Census Bureau

Sharptown is 63.3 points above the Maryland score. Scores as of October 30, 2026. See the Maryland index

View Sharptown Mortgage Rates

See What You Can Afford in Sharptown, Maryland

Use this Sharptown, Maryland home affordability calculator to see how much house you can afford at today’s Maryland average 30-year mortgage rate of 7.27%. A household earning the Sharptown median income of $85,938, with no other debts and $39,000 down, can afford a home of about $275,976, compared with a median home value of $192,500. Buying the median priced home with 20% down takes a household income of about $53,700 once property tax and insurance are counted.

Sharptown median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Maryland average, 30-year fixed
Sharptown median bill (Census)
Estimate; use your quote
You can afford a home up to
$275,976
At or above the Sharptown median home value of $192,500
Loan amount$236,976
Principal & interest$1,619/mo
Property tax$172/mo
Home insurance$115/mo
PMI$99/mo
Total monthly payment$2,005/mo
Compare Sharptown Mortgage Rates

How much house can you afford in Sharptown?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Sharptown, property taxes run about 0.75% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $4,775 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Sharptown

$1,052/mo
Principal & Interest
Median home, 20% down, 7.27%
$45,100
Income Needed
To keep principal and interest at 28% of income
$85,938
Median Household Income
Maryland: $103,678
2.2x
Price-to-Income Ratio
Maryland: 4.1x
$1,108/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,441/yr
Median Property Tax
0.75% of median value
16.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
19.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Sharptown Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Sharptown, Maryland score: 152.7 (Highly Affordable), ranked 15 of 259 Maryland cities. monitorbankrates.com/housing-affordability-index/maryland/sharptown”