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
City | Median Est. Value | City | Median 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 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $435K | $506.4K | 16.41% |
Median Sold Price | $420.2K | $506.4K | 20.52% |
Homes For Sale | 74 | 80 | 8.11% |
Homes Sold | 436 | 376 | -13.76% |
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 $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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsEaston 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.
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