Average Closing Costs in Maryland (2026)
Maryland Closing Cost Laws & Requirements
Maryland has both a State Transfer Tax and county-level recordation tax. Maryland has a first-time homebuyer exemption that reduces the state transfer tax from 0.5% to 0.25% for qualifying buyers.
Transfer Tax
Maryland State Transfer Tax is 0.5% of sale price (0.25% for first-time buyers). County recordation taxes vary — Montgomery County charges $8.90 per $1,000, Baltimore City charges $10 per $1,000.
First-Time Buyer Programs in Maryland
DHCD offers the Maryland Mortgage Program with competitive rates and down payment assistance.
Closing Costs by City in Maryland
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