Total monthly cost of ownership
Cost to Own a Home in Stevensville, Maryland
A $472,000 home here costs
$3,491per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,427. The real number is $1,064 higher every month — 44% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Stevensville against Queen Anne's County and Maryland
| Measure | Stevensville | Queen Anne's County |
|---|---|---|
| Median home value | $471,900 | $441,800 |
| Median property tax | $3,470 | $3,503 |
| Effective tax rate | 0.735% | 0.793% |
| Median gross rent | $1,735 | $1,611 |
| Population | 8,693 | 50,951 |
The weather behind that power bill
Stevensville sits in Queen Anne's County, which averages a high of 86.0°F in its hottest month and a low of 29.8°F in its coldest, with 43.99" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,436 cooling and 4,062 heating degree days, which is what sets the $196 electricity line above.
See the full climate breakdown for Queen Anne's County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Queen Anne's County
Full Queen Anne's County cost breakdown · Every county in Maryland
Common questions
How much does it cost to own a home in Stevensville?
A $472,000 home in Stevensville, Maryland costs approximately $3,491 per month with 20% down at 6.66%. That is $2,427 principal and interest, $289 property tax, $118 homeowners insurance, $264 utilities and $393 set aside for maintenance.
What is the property tax rate in Stevensville?
Stevensville has an effective property tax rate of 0.735%, based on a median home value of $471,900 and median real estate taxes of $3,470. That is lower than the Queen Anne's County average of 0.793%.
What is the average home price in Stevensville?
The median owner-occupied home value in Stevensville, Maryland is $471,900, against $441,800 across Queen Anne's County.
Is it cheaper to rent or buy in Stevensville?
Median gross rent in Stevensville is $1,735 a month, against $3,491 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Stevensville — 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.