Is Tilghman, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tilghman is a buyer'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

# BEDSMay 2022May 2023%
1 --
N/A
2 $299K$220K
-26.4%
3 $335K$400K
+19.4%
4 $660K$467.5K
-29.2%
5+ -$490K
N/A

How many homes are available in Tilghman, MD?

Number of Homes For Sale

Apr 2023May 2023%
18180.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 32
-33.3%
3 1111
0.0%
4 45
+25.0%
5+ 00
0.0%

Number of Homes Sold

Apr 2023May 2023%
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022May 2023%
21 Days18 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tilghman are selling fast, if you're buying plan to act quickly.

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

About Tilghman, MD

There are 18 homes are for sale in Tilghman, MD real estate market. In May 2023, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $392,500. This housing market listing prices have changed between April 2023 and May 2023: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 26.4%, prices of 3 bedrooms properties went up by 19.4%, 4 bedrooms properties prices decreased by 29.2%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 33.3%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 25% more available, 5 bedrooms homes did not move. Tilghman, MD housing market in May 2023 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.