Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cove Point area can be challenging. Home prices in Cove Point are now at a median cost of $326,500, lower than the Maryland average of $357,815.
The average cost of rent is $1,554/mo in Cove Point, primarily driven by the current value of real estate in the Cove Point area. While nearly 21.10% of residents own their homes outright in Cove Point, 10.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cove Point is $9,662 per month. Households that rent pay about 16.08% of their income on rent here. Cove Point's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- White Sands, MD: equally priced homes
- Lusby, MD: equally priced homes
- Chesapeake Ranch Estates, MD: less expensive homes
- Long Beach, MD: equally priced homes
- Dowell, MD: higher priced homes
- Wallville, MD: higher priced homes
- Solomons, MD: higher priced homes
- St. Leonard, MD: higher priced homes
- Broomes Island, MD: higher priced homes
- Taylors Island, MD: equally priced homes
Cities with Similar Populations
- Grigston, KS: less expensive homes
- Sheds, NY: less expensive homes
- Shellmound, MS: less expensive homes
- Hiland, WY: equally priced homes
- Hewins, KS: less expensive homes
- Hessdale, KS: less expensive homes
- Silver Lake, NY: less expensive homes
- Herman, NJ: less expensive homes
- Harmony, WV: less expensive homes
- South Blue Hill, ME: equally priced homes
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