Mortgage Rates in Oxon Hill, Maryland — March 2026
Updated March 2026 | Based on Oxon Hill market data and regional lending conditions
Oxon Hill is a growing city in Maryland with a population of 18,267. The current 30-year fixed mortgage rate in Oxon Hill is 6.88%, which is 0.23% above the national average. With a median home price of $327,000 and a 20% down payment of $65,400, homebuyers can expect a monthly principal and interest payment of approximately $1,719.
Current Mortgage Rates in Oxon Hill, MD
Below are the current average mortgage rates available in the Oxon Hill area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.88% | 6.65% | +0.23% |
| 15-Year Fixed | 6.09% | 5.89% | +0.2% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.13% | 6.85% | +0.28% |
Oxon Hill Housing Market Overview
The Oxon Hill housing market reflects moderate demand with prices near the national average. The median household income in Oxon Hill is $74,600, and the cost of living index is 108.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $85,371 to comfortably afford the median-priced home in Oxon Hill, which exceeds the current median household income.
Monthly Payment Breakdown for Oxon Hill
Based on the median home price of $327,000 with 20% down ($65,400), here is what you can expect to pay monthly in Oxon Hill:
15-Year vs. 30-Year Mortgage in Oxon Hill
Choosing a 15-year mortgage in Oxon Hill at 6.09% instead of a 30-year at 6.88% would save you $219,240 in total interest over the life of the loan. However, your monthly payment would be $2,220 instead of $1,719 — an increase of $501 per month.
Calculate Your Oxon Hill Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Oxon Hill
What are the current mortgage rates in Oxon Hill, MD?
As of March 2026, the average 30-year fixed mortgage rate in Oxon Hill, Maryland is 6.88%, while the 15-year fixed rate is 6.09%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.23% above the national average of 6.65%.
How much is a monthly mortgage payment in Oxon Hill?
Based on the median home price of $327,000 with 20% down, the estimated monthly mortgage payment in Oxon Hill is $1,719 for principal and interest. Including property taxes of $273/month, the total monthly housing cost is approximately $1,992.
What income do I need to buy a home in Oxon Hill?
Using the 28% rule, you would need an annual income of approximately $85,371 to afford the median-priced home in Oxon Hill at $327,000. The median household income in Oxon Hill is $74,600. This means most households would need to either earn above the median or consider homes below $327,000.
Is Oxon Hill a good place to buy a home in 2026?
Oxon Hill has a moderate cost of living with a cost of living index of 108.9 (national average = 100). The property tax rate in Maryland is 1%, which is near the national average. Oxon Hill has a population of 18,267 and offers a balanced lifestyle.
Mortgage Rates in Other Maryland Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Oxon Hill, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.