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Buying a home in Buckeystown, Maryland

The typical owner-occupied home in Buckeystown is worth about $542,600, 29% above the Maryland median of $419,900 and 63% above the national median of $332,700. Owners pay a median $4,491 a year in property taxes, about 0.83% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $133,611 a year, so the median home costs 4.1 times the median income (4.1 times for Maryland). 64% of occupied homes here are lived in by their owners, and 75% of those owners still have a mortgage.

Buckeystown at a glance

Buckeystown Maryland U.S.
Median home value $542,600 $419,900 $332,700
Median property tax paid per year $4,491 $4,093 $3,119
Property tax as a share of value 0.83% 0.97% 0.94%
Median household income $133,611 $103,678 $80,734
Homes lived in by their owners 64% 68% 65%
Owner homes with a mortgage 75% 71% 61%
Median monthly costs, owners with a mortgage $2,296 $2,347 $1,963
Those costs as a share of the owners' income 14.4% 20.5% 21.0%
Median rent $3,501 $1,705 $1,413
Rent as a share of renters' income 51.0% 30.8% 30.6%
Median year homes were built 1994 1979 1980
Vacant homes 5.7% 7.7% 10.1%
Population 1,192 6,206,011 334,922,499

What a typical home costs per month in Buckeystown

At this week's average 30-year rate of 7.11%, buying the median Buckeystown home of $542,600 with 20% down costs about $3,521 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,425, 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 $150,920 for the 20%-down payment. That payment is 32% of the median Buckeystown household income of $133,611; at that income and 20% down, the 28% guideline points to a home of about $480,000.

The median rent here is $3,501 a month, so owning the median home costs about $20 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$108,520
Loan amount$434,080
Principal and interest$2,920
Property taxes (0.83% a year)$375
Homeowners insurance (our estimate, 0.5% a year)$226
PMI$0
Total per month$3,521

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3.5% down, 30-year FHA loan
Down payment$18,991
Loan amount$532,772
Principal and interest$3,584
Property taxes (0.83% a year)$375
Homeowners insurance (our estimate, 0.5% a year)$226
FHA mortgage insurance$240
Total per month$4,425

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Questions about home buying in Buckeystown

What is the median home value in Buckeystown?

About $542,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Buckeystown?

Homeowners pay a median $4,491 a year, which is about 0.83% 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 Buckeystown?

For the median home with 20% down at 7.11%, the payment is about $3,521 a month. Keeping that under 28% of gross income takes about $150,920 a year.

More about Buckeystown

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