Leonardtown, MD · Market Data

Leonardtown, Maryland real estate market data.

Real estate market data for Leonardtown, MD (St. Mary's County) — Census median home value $528,100, county listing prices down about 5.0% over the past year.

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Leonardtown, MD is in St. Mary's County, Maryland — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,712, with a median household income of $148,276. Census data puts Leonardtown's median home value at $528,100 (all owner-occupied homes); St. Mary's County's current median listing price runs $461,200, down about 5.0% over the past year.

At a glance

Leonardtown market snapshot

Population

4,712

Median Household Income

$148,276

Median Home Value (city)

$528,100

Median Listing Price (St. Mary's County)

$461,200

Median Gross Rent

$1,793/mo

Price Trend (YoY)

-5.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Leonardtown

What makes Leonardtown different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Leonardtown's median home value — across all owner-occupied homes, not just recent sales — at $528,100. Separately, St. Mary's County's current median listing price (via Realtor.com data, 2026-06-01) runs $461,200. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

St. Mary's County's FHFA house price index shows a 6.12% annual change in 2025.

Population & Income

Leonardtown has an estimated population of 4,712 and a median household income of $148,276, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Leonardtown's Census-reported median home value works out to about 3.6x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Leonardtown FAQ

What are home values like in Leonardtown, MD?

The Census Bureau's American Community Survey puts Leonardtown's median home value at $528,100. St. Mary's County's current median listing price runs $461,200, down about 5.0% over the past year.

What is the population of Leonardtown, MD?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Leonardtown's population at approximately 4,712.

What's the median rent in Leonardtown, MD?

The Census ACS estimates median gross rent in Leonardtown at approximately $1,793 per month.

What is the median household income in Leonardtown, MD?

Census ACS data puts the median household income in Leonardtown at approximately $148,276.

Is the Leonardtown housing market growing?

St. Mary's County's FHFA house price index shows a 6.12% annual change in 2025.

Is Leonardtown, MD affordable relative to income?

Census ACS data puts Leonardtown's median home value at about 3.6 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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