Allegany County, MD Home Values & Market Trends
The median home price in Allegany County, MD is $156,687. There were 1,124 home sales in Allegany County, MD over the past 12 months. The median residential Allegany County, MD home value for transactions over the previous year is $124,213. The number of current listings in Allegany County, MD is 1,155, and the percentage of properties for sale is 1155.00%. The county has 71 foreclosures, 30 bank owned properties, 15 headed for auction, and 1,155 properties for sale.
Allegany County, MD Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Cumberland | $ 156,400 $ 110/sqft | Barton | $ 152,731 $ 101/sqft |
| Frostburg | $ 170,000 $ 111/sqft | Little Orleans | $ 295,000 $ 158/sqft |
| Westernport | $ 98,593 $ 57/sqft | Oldtown | $ 195,053 $ 112/sqft |
| Lonaconing | $ 109,000 $ 60/sqft | Midlothian | $ 257,459 $ 156/sqft |
| Rawlings | $ 194,998 $ 129/sqft | Spring Gap | $ -- $ -- |
| Mount Savage | $ 108,899 $ 84/sqft | Luke | $ -- $ -- |
| Flintstone | $ 249,920 $ 146/sqft | Pinto | $ -- $ -- |
| Ellerslie | $ 170,808 $ 130/sqft | Midland | $ -- $ -- |
Housing Market Summary for Allegany County, MD
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $152K | $160K | 5.26% |
| Median Sold Price | $138.6K | $126.9K | -8.44% |
| Homes For Sale | 824 | 1,137 | 37.99% |
| Homes Sold | 492 | 454 | -7.72% |
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 Allegany County, MD
Browse Homes in Allegany County, MD
Allegany County, MD home values range from $12,000 to $833,772. Little Orleans is the priciest city with a median listing home price of $330,000, and Westernport is most affordable with average house prices of around $95,750.
- Pre-ForeclosurePre-foreclosure homes account for 1.50% of all residential properties in Allegany County, MD with Cumberland containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Allegany County, MD; of those cities, the estimated home value for pre-foreclosure homes ranges from $244,900 in Mount Savage to the lowest home value of $44,402 in Westernport.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Allegany County, MD ranges from the highest value of $153,494 in Oldtown to the lowest value of $17,562 in Westernport. Bank owned homes and properties account for 1.74% of properties in Allegany County, MD. There are 16 cities within Allegany County, MD; Cumberland containing 12 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCumberland has 7 auction properties, the highest number of properties going to auction in a single city in the state of Allegany County, MD. Auction homes and other auction properties account for 0.87% of all properties in Allegany County, MD. There are 16 cities within Allegany County, MD; of those cities, the median estimated home value for homes going to auction ranges from $211,566 in Oldtown to the lowest value of $33,566 in Oldtown.
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Guide for Allegany County, MD
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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