How your housing costs change when you relocate. Based on 2026 data with 10% down, 6.5% rate, 30-year fixed.
Your housing costs will increase by approximately $230 per month ($2,760/year) when you move from Virginia to Maryland.
If you sell your median-priced Virginia home ($400K) and buy in Maryland ($420K):
Your Virginia equity covers the 20% down payment on a median Maryland home with $36K left over. That surplus can cover closing costs, moving expenses, or go into savings.
Over 10 years, this move costs you approximately $28K in housing costs alone.
Housing costs more in Maryland. The median home is 5% higher than in Virginia — a $20K jump. You may need to adjust your expectations on square footage or location, or come with a larger down payment to keep your monthly costs manageable.
When you buy in Maryland, expect about $11K in closing costs (2.5% of purchase price). This includes a 1.5% transfer tax. Budget for this amount on top of your down payment.
Maryland's MD Mortgage Program offers Up to $25,000 DPA. If you haven't owned a home in three years (or are buying in Maryland for the first time), you may qualify. Check eligibility requirements and income limits on Maryland's housing finance agency website.