The typical owner-occupied home in Pittsville is worth about $208,900, 50% below the Maryland median of $419,900 and 37% below the national median of $332,700. Owners pay a median $1,967 a year in property taxes, about 0.94% of their home's value, close to the Maryland rate of 0.97%. The median household earns $73,682 a year, so the median home costs 2.8 times the median income (4.1 times for Maryland). 85% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Pittsville at a glance
| Pittsville | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $208,900 | $419,900 | $332,700 |
| Median property tax paid per year | $1,967 | $4,093 | $3,119 |
| Property tax as a share of value | 0.94% | 0.97% | 0.94% |
| Median household income | $73,682 | $103,678 | $80,734 |
| Homes lived in by their owners | 85% | 68% | 65% |
| Owner homes with a mortgage | 74% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $1,367 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 20.5% | 21.0% |
| Median rent | $1,031 | $1,705 | $1,413 |
| Rent as a share of renters' income | 32.8% | 30.8% | 30.6% |
| Median year homes were built | 1996 | 1979 | 1980 |
| Vacant homes | 4.5% | 7.7% | 10.1% |
| Population | 1,950 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Pittsville
At this week's average 30-year rate of 7.11%, buying the median Pittsville home of $208,900 with 20% down costs about $1,375 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,723, 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 $58,925 for the 20%-down payment. That payment is 22% of the median Pittsville household income of $73,682; at that income and 20% down, the 28% guideline points to a home of about $261,000.
The median rent here is $1,031 a month, so owning the median home costs about $344 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $41,780 |
|---|---|
| Loan amount | $167,120 |
| Principal and interest | $1,124 |
| Property taxes (0.94% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $87 |
| PMI | $0 |
| Total per month | $1,375 |
Change the numbers in the calculator
| Down payment | $7,312 |
|---|---|
| Loan amount | $205,116 |
| Principal and interest | $1,380 |
| Property taxes (0.94% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $87 |
| FHA mortgage insurance | $92 |
| Total per month | $1,723 |
Change the numbers in the calculator
Questions about home buying in Pittsville
What is the median home value in Pittsville?
About $208,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pittsville?
Homeowners pay a median $1,967 a year, which is about 0.94% 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 Pittsville?
For the median home with 20% down at 7.11%, the payment is about $1,375 a month. Keeping that under 28% of gross income takes about $58,925 a year.
More about Pittsville
- Mortgage Refinance in Pittsville
- Debt Relief in Pittsville
- Home Equity Loans in Pittsville
- 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