The typical owner-occupied home in Friendship is worth about $607,100, 45% above the Maryland median of $419,900 and 82% above the national median of $332,700. Owners pay a median $3,727 a year in property taxes, about 0.61% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $154,792 a year, so the median home costs 3.9 times the median income (4.1 times for Maryland). 100% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Friendship at a glance
| Friendship | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $607,100 | $419,900 | $332,700 |
| Median property tax paid per year | $3,727 | $4,093 | $3,119 |
| Property tax as a share of value | 0.61% | 0.97% | 0.94% |
| Median household income | $154,792 | $103,678 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 66% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,977 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 17.4% | 20.5% | 21.0% |
| Median rent | – | $1,705 | $1,413 |
| Median year homes were built | 1968 | 1979 | 1980 |
| Vacant homes | 0.0% | 7.7% | 10.1% |
| Population | 278 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Friendship
At this week's average 30-year rate of 7.11%, buying the median Friendship home of $607,100 with 20% down costs about $3,829 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,840, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $164,090 for the 20%-down payment. That payment is 30% of the median Friendship household income of $154,792; at that income and 20% down, the 28% guideline points to a home of about $573,000.
| Down payment | $121,420 |
|---|---|
| Loan amount | $485,680 |
| Principal and interest | $3,267 |
| Property taxes (0.61% a year) | $309 |
| Homeowners insurance (our estimate, 0.5% a year) | $253 |
| PMI | $0 |
| Total per month | $3,829 |
Change the numbers in the calculator
| Down payment | $21,248 |
|---|---|
| Loan amount | $596,104 |
| Principal and interest | $4,010 |
| Property taxes (0.61% a year) | $309 |
| Homeowners insurance (our estimate, 0.5% a year) | $253 |
| FHA mortgage insurance | $269 |
| Total per month | $4,840 |
Change the numbers in the calculator
Questions about home buying in Friendship
What is the median home value in Friendship?
About $607,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Friendship?
Homeowners pay a median $3,727 a year, which is about 0.61% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Friendship?
For the median home with 20% down at 7.11%, the payment is about $3,829 a month. Keeping that under 28% of gross income takes about $164,090 a year.
More about Friendship
- Mortgage Refinance in Friendship
- Debt Relief in Friendship
- Home Equity Loans in Friendship
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data