House Prices

Eastern Terrace Essex, MD House Prices & Home Values 2026


Average Data

average house price$199,465
average size per house1537 ft²
average price per ft²131 $ / ft²

04/05/2026 - The value range (VR) for house prices in Eastern Terrace Essex, MD is $124.45/ sqft to $137.55/ sqft. An average home with 1537 sqft costs approximately $193,002 to $213,318. Essex, MD includes 1 ZIP codes and it is located in Baltimore county. The lowest prices are found in ZIP 21221, while the highest are in ZIP 21221. The average price per sqare feet is $131. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Eastern Terrace Essex

2122159 $ / ft²




Historical development of home values in Eastern Terrace Essex

Year Estimated value (USD) Change vs. 2025
2010 $92,635 -53.6%
2011 $89,053 -55.4%
2012 $88,813 -55.5%
2013 $92,133 -53.8%
2014 $96,714 -51.5%
2015 $101,678 -49.0%
2016 $106,984 -46.4%
2017 $112,758 -43.5%
2018 $118,992 -40.3%
2019 $124,510 -37.6%
2020 $130,946 -34.4%
2021 $148,937 -25.3%
2022 $173,627 -13.0%
2023 $183,098 -8.2%
2024 $193,691 -2.9%
2025 $199,465 0.0%

Graph: estimated home values in Eastern Terrace Essex over time (USD)



Example: 100% financing house in Eastern Terrace Essex

Loan amount: $199,465

Interest rate: 6.05%

Fixed monthly payment: $1,202.83

Breakdown in the 1st month:
Interest portion: $1,006.30  –  Principal portion: $196.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,009.06 $2,424.87 $197,040.13
2 $11,858.12 $2,575.81 $194,464.32
3 $11,697.78 $2,736.15 $191,728.18
4 $11,527.46 $2,906.47 $188,821.70
5 $11,346.53 $3,087.39 $185,734.31
6 $11,154.35 $3,279.58 $182,454.73
7 $10,950.20 $3,483.73 $178,971.00
8 $10,733.34 $3,700.58 $175,270.42
9 $10,502.99 $3,930.94 $171,339.48
10 $10,258.29 $4,175.63 $167,163.85
11 $9,998.37 $4,435.56 $162,728.29
12 $9,722.26 $4,711.67 $158,016.62
13 $9,428.97 $5,004.96 $153,011.66
14 $9,117.41 $5,316.51 $147,695.15
15 $8,786.47 $5,647.46 $142,047.69
16 $8,434.92 $5,999.00 $136,048.69
17 $8,061.50 $6,372.43 $129,676.26
18 $7,664.82 $6,769.10 $122,907.15
19 $7,243.46 $7,190.47 $115,716.68
20 $6,795.86 $7,638.06 $108,078.62
21 $6,320.40 $8,113.52 $99,965.10
22 $5,815.35 $8,618.58 $91,346.52
23 $5,278.86 $9,155.07 $82,191.45
24 $4,708.97 $9,724.96 $72,466.50
25 $4,103.61 $10,330.32 $62,136.18
26 $3,460.56 $10,973.37 $51,162.81
27 $2,777.49 $11,656.44 $39,506.37
28 $2,051.89 $12,382.04 $27,124.34
29 $1,281.13 $13,152.80 $13,971.54
30 $462.39 $13,971.54 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Eastern Terrace Essex, MD


1500 sqft3900 sqft
Ø selling price$239,905$510,344
Ø fast selling$218,096$459,309
Ø high price sale$261,715$561,378

In 2026, houses in Eastern Terrace Essex, MD will be offered at an average price of $131 per square foot. A 1,500 sqft home priced at $239,905 is 23.21% more expensive per square foot than a 3,900 sqft home priced at $510,344. Home prices in Eastern Terrace Essex, MD vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $353,315. Sellers who can wait longer may achieve a higher price of up to $431,829.


Eastern Terrace in Essex, MD: Neighborhood Overview

Overview

Eastern Terrace is a welcoming neighborhood in Essex, Maryland, offering a relaxed suburban vibe near the water. Set within Baltimore County, Eastern Terrace, Essex MD attracts residents seeking convenient living with a close-knit community feel.

Location & Access

The neighborhood sits within minutes of major corridors like I-695 and MD-702, streamlining commutes to Baltimore and surrounding job centers.
Proximity to Eastern Boulevard, local transit options, and nearby marinas makes daily errands and weekend adventures simple.

Lifestyle & Amenities

Outdoor enthusiasts appreciate easy access to parks, boat launches, and Chesapeake Bay tributaries for fishing, kayaking, and scenic views. Dining, retail, and everyday services cluster along Eastern Boulevard and throughout Essex, providing a mix of local favorites and national brands.
From community events to waterfront activities, Eastern Terrace in Essex offers a balanced lifestyle for families, professionals, and retirees.

Housing & Real Estate

Home styles around Eastern Terrace range from cozy single-family houses to townhomes, with options that appeal to first-time buyers and move-up purchasers. Buyers searching for homes for sale in Eastern Terrace, Essex MD value the neighborhood?s affordability relative to many Baltimore-area markets.
Whether you prioritize commute times, access to the water, or a neighborhood feel, Eastern Terrace delivers notable value in a convenient Baltimore County location.



FAQ – Home Values in Eastern Terrace Essex

What is the median home value in Eastern Terrace Essex in 2026?

In 2026, the typical home value in Eastern Terrace Essex is about $199,465 for an average home size of 1537 square feet. This corresponds to an average price of roughly $131 per square foot.

What is the average cost per square foot in Eastern Terrace Essex?

In 2026, homes in Eastern Terrace Essex sell for an average of around $131 per square foot, with a typical range between $124.45 and $137.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Eastern Terrace?

The average home size in Eastern Terrace Essex is about 1537 square feet, with an estimated 2026 value around $199,465.



Neighborhoods close to Eastern Terrace Essex, MD

Nikep Lonaconing, MD193 $ / ft²
Oxford Historic District Oxford, MD327 $ / ft²
West View Shores Earleville, MD186 $ / ft²
Chartwell Severna Park, MD155 $ / ft²
Mays Chapel Lutherville Timonium, MD167 $ / ft²
Arundel Preserve Hanover, MD188 $ / ft²




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