Maryland Housing Market

Cool Market

Housing market data and trends for Maryland. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: January 2026

Median Sale Price

$417K

1.7% YoY

Days on Market

60 days

30.4% YoY

Active Inventory

12,388

17.6% YoY

Homes Sold

3,662

9.6% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Maryland Market Summary

The Maryland housing market is cooling down. As of January 2026, the median home sale price is $417K, up 1.7% year-over-year. Homes are spending a median of 60 days on the market, 30.4% longer than a year ago.

There are 12,388 homes for sale — 17.6% more than last year. With 3.4 months of supply, this is a seller's market. 4,981 new listings were added during this period, down 0.9% year-over-year.

Homes are selling for 99.0% of their list price on average, suggesting room for negotiation. 26.4% of homes sell above their asking price. 23.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.4
Days on Market 60
Price Drops 23.6%
Sale-to-List Ratio 99.0%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 1.4%
Days on Market (National: 66) 9.1%
Inventory (National: 1,210,379) 99.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Maryland Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Sale-to-List Ratio

Listings with Price Drops

Detailed Market Metrics

Median List Price

$418K

Price per Sq Ft

$217

Sale-to-List Ratio

99.0%

Months of Supply

3.4

Sold Above List

26.4%

Price Drops

23.6%

New Listings

4,981

0.9% YoY

Pending Sales

4,900

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.