Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Connecticut and Maryland. Updated for 2026.
Metric
Connecticut
Maryland
Median Home Price
$405K
$420K
Property Tax Rate
2.15%
1.09%
Avg Closing Costs
$9K
$11K
Closing Cost %
2.1%
2.5%
Transfer Tax
1.25%
1.5%
Homeowners Insurance
$2,100/yr
$1,700/yr
First-Time Buyer Program
CHFA Homebuyer Mortgage
Up to $20,000 DAP loan
MD Mortgage Program
Up to $25,000 DPA
Verdict
Connecticut wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $405K and lower overall costs, Connecticut offers meaningful savings compared to Maryland. Both states offer first-time buyer programs — explore the state pages for full details.