Callaway: Housing & Real Estate
Callaway's median home value is $364,700, with median rent $-666,666,666. Homeownership rate: 92.0%. That's about the same as the St. Mary's County median ($376,900); 1.1× below the Maryland median ($392,037). Market is cool. Vacancy rate 13.2%. New construction makes up 3.0% of stock. A municipal building code is in effect.
- 2.3× annual income — home value vs. household income (vs Maryland 3.8×).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $364,700 — 0.9× the Maryland median ($392,037). Median rent $-666,666,666/month. homeownership rate 92.0% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 2.3× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 10.2% |
| Affordability · Rent Affordability | affordable |
| Affordability · Poverty Rate | 5.8% |
| Affordability · Property Tax Pct Income | 2.3% |
| Fair Market Rent · Studio rent | $1,394 |
| Fair Market Rent · One-bedroom rent | $1,672 |
| Fair Market Rent · Two-bedroom rent | $1,833 |
| Fair Market Rent · Three-bedroom rent | $2,264 |
| Fair Market Rent · Four-bedroom rent | $2,889 |
| Fair Market Rent · HUD FMR area | St. Mary's County, MD HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $372,448 |
| Median Home Value | $364,700 (vs Maryland $392,037) |
| Median Rent | $-666,666,666 (vs Maryland $1,612) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | cool |
|---|---|
| Housing Market · Vacancy rate | 13.2% |
| Housing Market · New construction (% of stock) | 3.0% |
| Housing Market · Price Appreciation 2Yr | 0.9% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 1.3% |
| Broadband · Broadband-capable premises | 780 |
| Electricity · Electricity rate (¢/kWh) | 17.86¢/kWh |
| Electricity · Customers | 2,451,753 |
| Electricity · Revenue Millions | $4,880 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 7 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 92.0% |
|---|---|
| Median Year Built | 1990 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12