Waldorf Home Prices: $444K, Down 1% — 4 ZIPs Analyzed (2026)

$444,084. That’s what a typical home in Waldorf, MD costs as of February 2026. Prices have slipped 1.0% over the past year, and the monthly trend has been negative for ten months straight.

Quick answer: The average home price in Waldorf, MD is $444,084 as of February 2026, down 1.0% year over year according to Zillow.

Current Home Prices in Waldorf

The Waldorf market sits in the Washington-Arlington-Alexandria metro area, but its prices run well below the DC core. Across four ZIP codes, home values range from $386,621 on the low end to $478,570 on the high end — a $92,000 spread inside a single town.

The 1% annual drop is mild, but it’s part of a longer slide. A year ago, the Waldorf average sat near $448,706. Twelve months later it’s $4,600 lower. That’s not a crash. It’s a slow leak.

For buyers, the math has shifted. A home purchased at the 2025 peak of about $448,925 in April is worth roughly $4,800 less today. For sellers, time is no longer working in your favor.

Waldorf Home Prices by Neighborhood

Four ZIP codes make up the Waldorf market. Two cluster near $475K, one sits in the middle, and one is significantly cheaper.

Most Expensive

20603 tops the list at $478,570 — about $34,000 above the city average. Median rent here also runs the highest in town at $2,543. 20695 trails by just $2,000 at $476,559, putting it within rounding distance of 20603 for buyers shopping the upper end. 20601 comes in third at $434,585, where rents drop to $2,066, suggesting a more affordable rental tier than the priciest ZIP.

Most Affordable

20602 is the clear value play at $386,621, roughly $92,000 cheaper than 20603. 20601 is the next step up at $434,585. 20695 rounds out the bottom three by elimination — it’s expensive, but the gap between it and 20603 is small enough that you wouldn’t pick it for affordability.

If you want the cheapest entry point into Waldorf, 20602 is it.

Rent vs Buy in Waldorf

Rent data is available for two of Waldorf’s four ZIPs. The numbers tilt toward renting if you’re staying short-term.

Take the city-wide median home price of $444,084. With 20% down ($88,817), you’d finance roughly $355,267. At current 30-year rates, principal and interest alone runs $2,300 to $2,400 per month. Add Maryland property taxes (around 1% of value annually, or $370/month), homeowner’s insurance ($120 to $150/month), and a typical mortgage payment lands above $2,800 — before any HOA fees or maintenance.

Compare that to $2,066 rent in 20601. You’d save roughly $750 a month renting, plus the $88,817 down payment stays in your bank account.

The buy case requires either a longer hold, a larger down payment, or expectations that prices will reverse course. With Waldorf prices declining for 10 straight months, the appreciation argument is harder to make right now.

Waldorf Housing Market Trends

Twelve months of data tell a clear story. Prices peaked in April 2025 at $448,925 and have dropped every month since.

The total drop from peak: $4,841, or about 1.1%. Monthly declines started small in mid-2025 — under $100 in May and June — then accelerated into the $600 to $700 range by fall. The most recent three months show declines averaging $599.

It’s a steady, controlled erosion. Not panic selling. Not a freeze. Just slow downward drift.

Is Waldorf a Good Place to Buy in 2026?

The data points to a buyer’s market, but a soft one.

Prices are falling consistently. Inventory must be sitting longer for values to slide ten months in a row. Sellers are competing for fewer buyers, which usually means more room to negotiate, more concessions, and homes priced below 2024 levels.

But the declines are small. You’re not getting a 10% discount on yesterday’s price — you’re getting maybe 1% to 2%. If you find a home you’d live in for seven or more years, the entry price difference between buying today and waiting six months is probably $1,000 to $3,000. That’s noise.

The buy case strengthens in 20602, where $386,621 puts you well below the city average and the metro DC region’s typical price. The buy case weakens in 20603 and 20695, where you’re paying near $477K for what is still a Waldorf address, not a Bethesda one.

Waldorf Housing Market Outlook for 2026-2027

The 3-month trend suggests continued softness. Average monthly drops of around $600 over November through February point to another 0.5% to 1% decline if the same pace holds through summer.

Nothing in the trend signals a reversal. The slope hasn’t flattened. The declines haven’t shrunk. If the current pace continues, Waldorf’s average could test $440,000 by late 2026.

Two things would change the outlook: a shift in mortgage rates that brings buyers back, or a tightening of inventory in the four ZIPs. Neither is visible in the data here.

For now, the smart read is patience for buyers and realism for sellers. A home priced at last year’s level will sit. A home priced to today’s market will move.

Similar Markets in MD

Maryland buyers comparing Waldorf to other options have several nearby benchmarks:

• Annapolis — a higher-priced waterfront market for buyers willing to spend more.
• Frederick — another suburban DC-area option for comparison shoppers.
• Columbia — planned community pricing that often runs above Waldorf.
• Baltimore — Waldorf shoppers wanting lower entry prices might check Baltimore neighborhoods.
• Silver Spring — closer to DC with typically higher prices than Waldorf.

Frequently Asked Questions

What is the average home price in Waldorf?

The average home price in Waldorf, MD is $444,084 as of February 2026. That figure is the Zillow Home Value Index averaged across the four ZIP codes that make up the Waldorf market: 20601, 20602, 20603, and 20695.

Are home prices going up or down in Waldorf?

Down. Waldorf prices have fallen 1.0% over the last 12 months and have declined every single month since April 2025. The total drop from the April 2025 peak of $448,925 is roughly $4,800.

Is it cheaper to rent or buy in Waldorf?

Renting is cheaper monthly. Median rents run $2,066 in ZIP 20601 and $2,543 in ZIP 20603, while a typical mortgage on a $444K home with 20% down — including taxes and insurance — exceeds $2,800. Buying makes sense for longer holds, given prices are still drifting down.

What is the most affordable neighborhood in Waldorf?

ZIP 20602 is the most affordable at $386,621. That’s $57,463 below the city average and $91,949 cheaper than the priciest ZIP, 20603. It’s the only Waldorf ZIP under $400,000.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.