Mortgage payment estimates, closing cost breakdowns, and homebuying data for Easton, Maryland.
Median Home Price
$375K
Population
17K
Avg Monthly Rent
$1,420
Property Tax Rate
1.09% *
* Property tax shown is the Maryland state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Easton.
Easton vs Maryland Median
The median home price in Easton is $375,000, which is 11% below the Maryland state median of $420,000.
Mortgage Calculator — Easton, MD
Pre-filled with Easton median home price and Maryland tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $375K home using Maryland's 1.09% tax rate and $1,700/yr insurance.
5% Down
$2,942/mo
Down: $18,750
Loan: $356K
P&I: $2,252
Tax: $341
Insurance: $142
PMI: $208
10% Down
$2,812/mo
Down: $37,500
Loan: $338K
P&I: $2,133
Tax: $341
Insurance: $142
PMI: $197
20% Down (No PMI)
$2,378/mo
Down: $75,000
Loan: $300K
P&I: $1,896
Tax: $341
Insurance: $142
Income needed (28% rule): $102K/year with 20% down, $121K/year with 10% down.
Rent vs Buy in Easton
Rent
$1,420/mo
vs
Buy (10% down)
$2,812/mo
Price-to-rent ratio: 22.0 — At a ratio above 20, renting may be more economical in Easton for shorter stays. Buying costs $1,392 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Easton is $375,000, 11% below the Maryland state median of $420,000. With a population of 16,871, Easton is a smaller market where home prices tend to be more accessible than in many parts of Maryland.
Property taxes in Maryland average 1.09% annually. This moderate property tax rate means a $375,000 home in Easton would carry roughly $341/month in property taxes. Homeowners insurance in Maryland runs approximately $1,700 per year. This is within the normal range nationally.
Average rent in Easton is $1,420/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Easton presents moderate affordability. The $375K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Easton.