Dorchester County, MD Home Values & Market Trends

The median home price in Dorchester County, MD is $223,010.13. There were 772 home sales in Dorchester County, MD over the past 12 months. The median residential Dorchester County, MD home value for transactions over the previous year is $200,000. The number of current listings in Dorchester County, MD is 92, and the percentage of properties for sale is 92.00%. The county has 30 foreclosures, 12 bank owned properties, 8 headed for auction, and 92 properties for sale.

Dorchester County, MD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Cambridge

$ 267,598

$ 175/sqft

Woolford

$ 356,333

$ 176/sqft

Hurlock

$ 267,001

$ 192/sqft

Madison

$ --

$ --

East New Market

$ 475,000

$ 204/sqft

Crocheron

$ --

$ --

Fishing Creek

$ 258,022

$ 100/sqft

Rhodesdale

$ --

$ --

Church Creek

$ 439,723

$ 153/sqft

Wingate

$ --

$ --

Secretary

$ 260,023

$ 170/sqft

Taylors Island

$ --

$ --

Toddville

$ 90,687

$ 63/sqft

Vienna

$ --

$ --

Crapo

$ 119,900

$ 93/sqft

Linkwood

$ --

$ --

Housing Market Summary for Dorchester County, MD

Apr 2023March 2024Change
Median Listing Price$249.9K$219.1K-12.33%
Median Sold Price$229.9K$219.1K-4.73%
Homes For Sale87914.60%
Homes Sold383380-0.78%
Price
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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%.

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Browse Homes in Dorchester County, MD

Dorchester County, MD home values range from $17,688 to $12,011,435. Church Creek is the priciest city with a median listing home price of $692,000, and Crapo is most affordable with average house prices of around $109,900.

Foreclosure
There are 16 cities within Dorchester County, MD; within these cities, the median estimated home value for homes in foreclosure ranges from $424,535 in Cambridge to the lowest value of $26,664 in Cambridge. Foreclosure homes account for 0.00% of properties in Dorchester County, MD with Cambridge containing 15 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Dorchester County, MD with Hurlock containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Dorchester County, MD; of those cities, the estimated home value for pre-foreclosure homes ranges from $146,585 in Rhodesdale to the lowest home value of $89,142 in Hurlock.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Dorchester County, MD ranges from the highest value of $1,199,900 in Hurlock to the lowest value of $26,664 in Cambridge. Bank owned homes and properties account for 0.09% of properties in Dorchester County, MD. There are 16 cities within Dorchester County, MD; Cambridge containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Cambridge has 4 auction properties, the highest number of properties going to auction in a single city in the state of Dorchester County, MD. Auction homes and other auction properties account for 0.06% of all properties in Dorchester County, MD. There are 16 cities within Dorchester County, MD; of those cities, the median estimated home value for homes going to auction ranges from $207,277 in Fishing Creek to the lowest value of $49,371 in Fishing Creek.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.67% of residential properties in Dorchester County, MD with Cambridge containing 55 homes for sale, the highest number of listed properties in a single city. There are 16 cities within Dorchester County, MD; homes for sale in those cities, have a range of median values from $356,333 in Woolford to the lowest value of $21,357 in Cambridge.
    Sold Homes
    The median value for recently sold homes ranges from $666,811 in Taylors Island to the lowest price of $18,768 in Taylors Island. There are 16 cities within Dorchester County, MD. Cambridge has 213 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.90% of properties in Dorchester County, MD.

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      Guide for Dorchester County, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.