Total monthly cost of ownership
Cost to Own a Home in Seabrook, Maryland
A $378,000 home here costs
$3,091per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $132,500 a year.
A standard mortgage calculator would have told you $2,061. The real number is $1,030 higher every month, 50% more than the payment most buyers budget for.
Compare Prince George's County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Seabrook against Prince George's County and Maryland
| Measure | Seabrook | Prince George's County |
|---|---|---|
| Median home value | $377,900 | $404,300 |
| Median property tax | $4,240 | $4,662 |
| Effective tax rate | 1.122% | 1.153% |
| Median gross rent | $1,817 | $1,761 |
| Population | 18,495 | 955,584 |
The weather behind that power bill
Seabrook sits in Prince George's County, which averages a high of 88.0°F in its hottest month and a low of 24.7°F in its coldest, with 45.01" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,284 cooling and 4,546 heating degree days, which is what sets the $199 electricity line above.
See the full climate breakdown for Prince George's County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Prince George's County
Full Prince George's County cost breakdown · Every county in Maryland
Talk to someone who works this market
These are Seabrook averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Seabrook every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Seabrook I already own here and may sell
Common questions
How much does it cost to own a home in Seabrook?
A $378,000 home in Seabrook, Maryland costs approximately $3,091 per month with 20% down at 7.24%. That is $2,061 principal and interest, $353 property tax, $95 homeowners insurance, $267 utilities and $315 set aside for maintenance.
What is the property tax rate in Seabrook?
Seabrook has an effective property tax rate of 1.122%, based on a median home value of $377,900 and median real estate taxes of $4,240. That is lower than the Prince George's County average of 1.153%.
What is the average home price in Seabrook?
The median owner-occupied home value in Seabrook, Maryland is $377,900, against $404,300 across Prince George's County.
Is it cheaper to rent or buy in Seabrook?
Median gross rent in Seabrook is $1,817 a month, against $3,091 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Seabrook?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Seabrook, Maryland at today's rate takes a household income of roughly $132,500 a year. That covers the full $3,091 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Seabrook, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Maryland.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.