20603 — Charles County, Maryland Market Snapshot

Housing market data for zip code 20603 in Charles County, Maryland. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

24 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$367,450

-2.5% YoYClosed sales

Days to Sell

49

Median, listing to close

Homes Sold

24

Closed in 2026

Inventory

41

Sale-to-List

98.7%

New Listings

47

Price/SqFt

$200

Pending Sales

36

Conforming Loan Available

Most homebuyers in 20603 can comfortably use conventional financing. The median home price of $367,450 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

20603's market is balanced with homes taking an average of 49 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 20603 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 20603 can comfortably use conventional financing. The median home price of $367,450 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 20603 are set at the county level.

2026 Loan Limits — Charles County

Property Units Conforming Limit FHA Limit
1 Unit$1,249,125$1,249,125
2 Units$1,599,375$1,599,375
3 Units$1,933,200$1,933,200
4 Units$2,402,625$2,402,625

Affordability Snapshot — Zip 20603

To purchase the median home at $367,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,965.

Monthly Payment

$2,965

Income Required

$127,084

Principal & Interest

$2,264/mo

Down Payment (5%)

$18,373

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 20603.

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Estimated Monthly Payment

$2,424

Principal & Interest$1,907
Property Tax$367
Insurance$150
Loan Amount$293,960
Total Interest$392,423
Income Required$103,889/yr

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