Callaway, MD housing market
The typical Callaway home is worth about $442,000, up 1.9% in a year, close to the Maryland typical home.
Home values, sales, trends and how Callaway compares with the towns next door — updated as new data is published.
Callaway at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Callaway | Maryland |
|---|---|---|
| 2017 | $291,000 | $290,000 |
| 2018 | $306,000 | $301,000 |
| 2019 | $311,000 | $310,000 |
| 2020 | $328,000 | $322,000 |
| 2021 | $360,000 | $349,000 |
| 2022 | $392,000 | $384,000 |
| 2023 | $402,000 | $398,000 |
| 2024 | $417,000 | $412,000 |
| 2025 | $430,000 | $427,000 |
| 2026 | $437,000 | $429,000 |
| August 2026 | $442,000 | $428,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,690
HUD's Fair Market Rent for a two-bedroom in Callaway is $1,690 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,370 · 4 bedrooms $2,610
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20620, 20634, 20650; St. Mary's County, MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.