Talbot County, MD Home Values & Market Trends

The median home price in Talbot County, MD is $457,015.97. There were 640 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 $380,000. The number of current listings in Talbot County, MD is 80, and the percentage of properties for sale is 80.00%. The county has 12 foreclosures, 2 bank owned properties, 8 headed for auction, and 80 properties for sale.

Talbot County, MD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Easton

$ 445,000

$ 208/sqft

Wittman

$ 221,870

$ 173/sqft

Trappe

$ 234,114

$ 211/sqft

Claiborne

$ --

$ --

Oxford

$ 1,842,094

$ 537/sqft

Mcdaniel

$ --

$ --

Cordova

$ 314,456

$ 196/sqft

Saint Michaels

$ --

$ --

Royal Oak

$ 2,291,035

$ 447/sqft

Neavitt

$ --

$ --

Sherwood

$ 650,229

$ 258/sqft

Bozman

$ --

$ --

Wye Mills

$ 506,190

$ 201/sqft

Newcomb

$ --

$ --

Tilghman

$ 320,287

$ 228/sqft

Housing Market Summary for Talbot County, MD

Mar 2023February 2024Change
Median Listing Price$435K$506.4K16.41%
Median Sold Price$420.2K$506.4K20.52%
Homes For Sale74808.11%
Homes Sold436376-13.76%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Talbot County, MD

Talbot County, MD home values range from $28,375 to $16,682,232. Royal Oak is the priciest city with a median listing home price of $2,395,000, and Wittman is most affordable with average house prices of around $214,900.

Foreclosure
There are 15 cities within Talbot County, MD; within these cities, the median estimated home value for homes in foreclosure ranges from $2,672,815 in Easton to the lowest value of $200,000 in Easton. Foreclosure homes account for 0.00% of properties in Talbot County, MD with Easton containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Talbot County, MD with Easton containing 2 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 $265,410 in Easton to the lowest home value of $241,158 in Easton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Talbot County, MD ranges from the highest value of $221,870 in Wittman to the lowest value of $200,000 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.
  • Auctions
    Easton has 6 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 0.05% 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 $615,745 in Neavitt to the lowest value of $233,121 in Neavitt.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.51% of residential properties in Talbot County, MD with Easton containing 38 homes for sale, the highest number of listed properties in a single city. There are 15 cities within Talbot County, MD; homes for sale in those cities, have a range of median values from $2,574,558 in Oxford to the lowest value of $77,663 in Easton.
    Sold Homes
    The median value for recently sold homes ranges from $2,663,745 in Neavitt to the lowest price of $76,628 in Neavitt. There are 15 cities within Talbot County, MD. Easton has 193 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.21% of properties in Talbot County, MD.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Talbot County, MD
      $
      $

      Guide for Talbot County, MD

      Buy to Rent
      How To Choose The Right Property Management Tool
      Buy to Rent
      6 Tips For Dealing With Difficult Tenants
      Market Reports
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Pennsylvania
      Henderson Real Estate Market Report March 2024
      See More Articles
      How To Choose The Right Property Management Tool
      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.

      6 Tips For Dealing With Difficult Tenants
      Buy to Rent|posted 5 March 2024

      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.

      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports|posted 4 March 2024

      Madison’s real estate market continues to robustness, with varied trends across different market segments.

      Henderson Real Estate Market Report March 2024
      Pennsylvania|posted 4 March 2024

      Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.