Baltimore Checkbook: Here's how much Maryland property values have risen over the past three years

Thursday, January 2, 2020

Here's how much Maryland property values have risen over the past three years

Property values across Maryland have risen an average of nearly 9% over the last three years, according to the latest round of state assessments. Values increased in all 23 Maryland counties and Baltimore City by an average of 8.9%, representing an average increase of 7.3% for residential properties and 13.5% for commercial properties. The Maryland State Department of Assessments and Taxation, which released the numbers earlier this week, splits the state’s properties into three groups, evaluating…