Talbot County, MD Home Values & Market Trends
The median home price in Talbot County, MD is $459,113.85. There were 662 home sales in Talbot County, MD over the past 12 months. The median residential Talbot County, MD home value for transactions over the previous year is $390,000. The number of current listings in Talbot County, MD is 91, and the percentage of properties for sale is 91.00%. The county has 10 foreclosures, 2 bank owned properties, 3 headed for auction, and 91 properties for sale.
Talbot County, MD Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Easton | $ 438,547 $ 250/sqft | Wittman | $ 2,281,425 $ 468/sqft |
| Oxford | $ 1,765,434 $ 517/sqft | Claiborne | $ 336,592 $ 273/sqft |
| Royal Oak | $ 1,699,500 $ 622/sqft | Mcdaniel | $ 819,629 $ 547/sqft |
| Trappe | $ 799,291 $ 362/sqft | Saint Michaels | $ -- $ -- |
| Tilghman | $ 432,114 $ 261/sqft | Neavitt | $ -- $ -- |
| Sherwood | $ 656,828 $ 286/sqft | Bozman | $ -- $ -- |
| Wye Mills | $ 583,718 $ 231/sqft | Newcomb | $ -- $ -- |
| Cordova | $ 261,453 $ 181/sqft |
Housing Market Summary for Talbot County, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $462.4K | $485K | 4.87% |
| Median Sold Price | $400K | $485K | 21.25% |
| Homes For Sale | 76 | 85 | 11.84% |
| Homes Sold | 397 | 391 | -1.51% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Talbot County, MD
Browse Homes in Talbot County, MD
Talbot County, MD home values range from $27,750 to $19,995,000. Wittman is the priciest city with a median listing home price of $2,292,000, and Cordova is most affordable with average house prices of around $149,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in Talbot County, MD with Easton containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Talbot County, MD; of those cities, the estimated home value for pre-foreclosure homes ranges from $436,299 in Easton to the lowest home value of $158,761 in Trappe.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Talbot County, MD ranges from the highest value of $243,589 in Wittman to the lowest value of $157,230 in Easton. Bank owned homes and properties account for 0.01% of properties in Talbot County, MD. There are 15 cities within Talbot County, MD; Wittman containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsNeavitt has 1 auction properties, the highest number of properties going to auction in a single city in the state of Talbot County, MD. Auction homes and other auction properties account for 0.02% of all properties in Talbot County, MD. There are 15 cities within Talbot County, MD; of those cities, the median estimated home value for homes going to auction ranges from $2,505,473 in Neavitt to the lowest value of $303,291 in Neavitt.
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More Real Estate Resources for Talbot County, MD
Guide for Talbot County, MD
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