Is Tilghman, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
At the same time last year, Tilghman was a Seller's Market.
Key Takeaway
Tilghman is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Tilghman, MD cost?
Median Sold Price
$392,500
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$32,500(+9.0%)
Key Takeaway
Homes in Tilghman have sold for 9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299K | $220K | -26.4% |
| 3 Bedrooms | $335K | $400K | +19.4% |
| 4 Bedrooms | $660K | $467.5K | -29.2% |
| 5+ Bedrooms | - | $490K | N/A |
How many homes are available in Tilghman, MD?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 18 | 18 | 0.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tilghman, you may be able to get a good deal. 100% of homes here sold below asking price last month.
How long does it take to sell a home in Tilghman, MD?
How long does it take to sell a home in Tilghman, MD?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 21 Days | 18 Days | -16.9% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tilghman are selling fast, if you're buying plan to act quickly.
