Housing Prices in Saint Michaels, MD

How much do homes in Saint Michaels, MD cost?

Median List Price

$749,000

$398/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$100,000(+15.4%)

Key Takeaway

The list price of homes in Saint Michaels has increased by 15.4% since last year.

Summary: The median home list price in Saint Michaels was $749,000 in February 2024, up 15.4% from the previous year, and the median price per square foot was $398.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $349.5K$549K
+57.1%
3 $522K$749.4K
+43.6%
4 $749K$867.4K
+15.8%
5+ $1.6M$2.9M
+80.2%

Summary: Saint Michaels housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 43.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 80.2%.

Housing Supply in Saint Michaels, MD

How many homes are available in Saint Michaels, MD?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1416+14.3%

Summary: The Saint Michaels real estate market had 16 homes for sale in February 2024, a 14.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 710
+42.9%
4 44
0.0%
5+ 11
0.0%

Summary: The Saint Michaels housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Saint Michaels, MD

How long does it take to sell a home in Saint Michaels, MD?

Average Listing Age

Feb 2023Feb 2024CHANGE
198 Days214 Days+8.3%

Summary: Homes in Saint Michaels had an average listing age of 214 days in Feb 2024, up by 8.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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