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San Mar

Learn about the people, housing, costs and businesses in San Mar, Maryland

Median Home$365,753
Median Rent$1,177/month
Population367
Leading IndustriesPublic Administration · Manufacturing · Education41% public administration
Home Value Growth+5.6% over 2 years
Young Adults58% of residentstop 1% nationally
Homeowners81% of occupied units
NotableHigh Incomes$112k/year · top 11% nationally
NotableHighly Educated23% bachelor's · 13% graduate · top 23% nationally
San Mar
MD

Frequently Asked Questions

What are today's mortgage rates in San Mar?

As of today, the 30-year fixed mortgage rate for San Mar is approximately 6.982% (7.021% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in San Mar?

The median home value in San Mar is $366k. The median monthly rent is $1,177. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in San Mar?

Home values in San Mar have increased 5.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in San Mar?

Based on a typical all-in ownership cost of $1,528/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in San Mar is $112k/year.

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What industries drive the economy in San Mar?

The largest employment sectors in San Mar are public administration (41%) and healthcare (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.