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Buying a home in Brookeville, Maryland

The typical owner-occupied home in Brookeville is worth about $828,100, 97% above the Maryland median of $419,900 and 2.5 times the national median of $332,700. Owners pay a median $6,685 a year in property taxes, about 0.81% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $165,625 a year, so the median home costs 5.0 times the median income (4.1 times for Maryland). 96% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.

Brookeville at a glance

Brookeville Maryland U.S.
Median home value $828,100 $419,900 $332,700
Median property tax paid per year $6,685 $4,093 $3,119
Property tax as a share of value 0.81% 0.97% 0.94%
Median household income $165,625 $103,678 $80,734
Homes lived in by their owners 96% 68% 65%
Owner homes with a mortgage 71% 71% 61%
Median monthly costs, owners with a mortgage $3,188 $2,347 $1,963
Those costs as a share of the owners' income 21.1% 20.5% 21.0%
Median rent – $1,705 $1,413
Median year homes were built 1940 1979 1980
Vacant homes 1.9% 7.7% 10.1%
Population 161 6,206,011 334,922,499

What a typical home costs per month in Brookeville

At this week's average 30-year rate of 7.11%, buying the median Brookeville home of $828,100 with 20% down costs about $5,361 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,873, 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 $229,738 for the 20%-down payment. That payment is 39% of the median Brookeville household income of $165,625; at that income and 20% down, the 28% guideline points to a home of about $597,000.

20% down, 30-year conventional loan
Down payment$165,620
Loan amount$662,480
Principal and interest$4,457
Property taxes (0.81% a year)$559
Homeowners insurance (our estimate, 0.5% a year)$345
PMI$0
Total per month$5,361

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3.5% down, 30-year FHA loan
Down payment$28,984
Loan amount$813,101
Principal and interest$5,470
Property taxes (0.81% a year)$559
Homeowners insurance (our estimate, 0.5% a year)$345
FHA mortgage insurance$499
Total per month$6,873

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Questions about home buying in Brookeville

What is the median home value in Brookeville?

About $828,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Brookeville?

Homeowners pay a median $6,685 a year, which is about 0.81% 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 Brookeville?

For the median home with 20% down at 7.11%, the payment is about $5,361 a month. Keeping that under 28% of gross income takes about $229,738 a year.

More about Brookeville

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