Building Costs Per Square Foot in the State of Maryland – Single Family Homes

A newly-built 4 Bedroom House with 3 Bathrooms and 2 attached garages, gross floor area 2804 sqft - on 1221 Star Dr, Hagerstown, Maryland - Price $499,000

A newly-built 4 Bedroom House with 3 Bathrooms and 2 attached garages,
gross floor area 2804 sqft – on 1221 Star Dr, Hagerstown, Maryland –
Price $499,000

As of 2024, building costs in the state of Maryland are 3% above the national average. The charts below show a comparison of costs between luxury, semi-luxury, best, good, average and minimum standard single-family houses. Costs are also given for manufactured housing in five quality classes.

2024 Building Costs Per Square Foot for Single Family Homes in the State of Maryland, USA

Class 1 – Luxury Homes – $396.67 to $608.07 per sqft

Class 2 – Semi Luxury Homes – $241.09 to $369.55 per sqft

Class 3 – Best Standard Homes – $155.85 to $236.71 per sqft

Class 4 – Good Standard Homes – $113.73 to $174.41 per sqft

Class 5 – Average Standard Homes – $92.33 to $141.39 per sqft

Class 6 – Minimum Standard  Homes – $72.83 to $111.61 per sqft

Maryland Single Family Houses 2024 Building Costs

Maryland Single Family Houses 2024 Building Costs

2024 Building Costs Per Square Foot for Manufactured Housing in the State of Maryland, USA

Manufactured housing is composed of one or more prefabricated modular units which are delivered to the site and assembled on a RC foundation or slab.

Best Quality Housing – $141 to $160.89 per sqft

Good Quality Housing – $118.81 to $141.95 per sqft

Average Quality Housing – $96.26 to $123.62 per sqft

Low Average Quality Housing – $81.49 to $107.71 per sqft

Lowest Quality Housing – $70 to $95.28 per sqft

Maryland Manufactured Housing 2024 Building Costs

Maryland Manufactured Housing 2024 Building Costs

 

2022 Residential Construction Market Analysis in the State of Maryland, USA

Building costs are 2% above the national average in the state of Maryland, and equivalent to the states of Delaware and Louisiana. The dream of having a home of your own is something that many people have in common, regardless of where we come from or where we want to have that home. It can be in a paradisiacal place like in front of the beaches of Hawaii, maybe an exotic place like the snowy mountains of Alaska, or maybe you are looking for a more conventional place like a town in Maryland.

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