Is Worcester County, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worcester County is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Worcester County has remained a Seller's Market.

Key Takeaway

Worcester County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Worcester County, MD cost?

Median Sold Price

$394,706

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$36,589(+10.2%)

Key Takeaway

Homes in Worcester County have sold for 10.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $215K$269K
+25.1%
2 $332.5K$384.7K
+15.7%
3 $380.3K$410.5K
+7.9%
4 $536.6K$598K
+11.4%
5+ $749.9K$811K
+8.1%

Median Sold Price Compared To Nearby Counties

Wicomico County
+16.2%
Sussex County
+15.2%
Worcester County
+10.2%
Somerset County
+4.6%

How many homes are available in Worcester County, MD?

Number of Homes For Sale

Dec 2022Jan 2023%
604601-0.5%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 6361
-3.2%
2 158154
-2.5%
3 226232
+2.7%
4 108104
-3.7%
5+ 4950
+2.0%

Number of Homes Sold

Dec 2022Jan 2023%
104106+1.9%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worcester County, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
41 Days39 Days-6.0%

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Worcester County 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.

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3900 Coastal Hwy Unit 105, Ocean City, MD 21842

Coming Soon

$199,900

Studio

1

457 SqFt

3900 Coastal Hwy Unit 105, Ocean City MD, 21842

Jeffrey Douglas Messick

Listing Office:

Berkshire Hathaway HomeServices PenFed Realty-WOC

#MDWO2012158

MLS logo
8 75th St Unit 106, Ocean City, MD 21842

Coming Soon

$429,900

1

1

706 SqFt

8 75th St Unit 106, Ocean City MD, 21842

Nancy Reither

Listing Office:

Coldwell Banker Realty

#MDWO2012140

MLS logo
Stephen Decatur Hwy, Ocean City, MD 21842

$650,000

Land

0.31 Acres

Stephen Decatur Hwy, Ocean City MD, 21842

Nicholas Preziosi

Listing Office:

Long & Foster Real Estate, Inc.

#MDWO2012152

MLS logo
12108 Coastal Hwy Unit 304C, Ocean City, MD 21842

$35,000

2

2

1,093 SqFt

12108 Coastal Hwy Unit 304C, Ocean City MD, 21842

Joan Walter

Listing Office:

Long & Foster Real Estate, Inc.

#MDWO2012136

MLS logo
9500 Coastal Hwy Unit 4N, Ocean City, MD 21842

$415,000

1

1 Full, 1 Partial

730 SqFt

9500 Coastal Hwy Unit 4N, Ocean City MD, 21842

Heidi Hunt

Listing Office:

Re/Max Advantage Realty

#MDWO2011938

MLS logo
309 Winter Quarters Dr, Pocomoke City, MD 21851

$190,000

2

1

1,503 SqFt

309 Winter Quarters Dr, Pocomoke City MD, 21851

Alex B Fox

Listing Office:

Allfirst Realty, Inc.

#MDWO2012088

MLS logo
2 Hidden Cove Way Unit 4A, Ocean City, MD 21842

$599,900

3

2

1,500 SqFt

2 Hidden Cove Way Unit 4A, Ocean City MD, 21842

Chris Jett

Listing Office:

Shore 4U Real Estate

#MDWO2012100

MLS logo
LOT6 Grays Creek Dr, Berlin, MD 21811

Coming Soon

$275,000

Land

6.16 Acres

LOT6 Grays Creek Dr, Berlin MD, 21811

Joseph Wilson

Listing Office:

Coastal Life Realty Group

#MDWO2012128

MLS logo
600 S Pacific Ave, Ocean City, MD 21842

Coming Soon

$515,000

4

2 Full, 1 Partial

2,208 SqFt

600 S Pacific Ave, Ocean City MD, 21842

William Barr

Listing Office:

Keller Williams Realty Delmarva

#MDWO2012122

MLS logo
401 144th St Unit 202, Ocean City, MD 21842

Coming Soon

$282,000

2

2

728 SqFt

401 144th St Unit 202, Ocean City MD, 21842

Kimberly M Dixson

Listing Office:

Redfin Corp

#MDWO2012090

MLS logo
9500 Coastal Hwy Unit 2C, Ocean City, MD 21842

$425,000

2

2

918 SqFt

9500 Coastal Hwy Unit 2C, Ocean City MD, 21842

Bobbi D Farquhar

Listing Office:

Engel & Volkers Annapolis

#MDWO2012120

MLS logo
0 Worcester Hwy, Pocomoke City, MD 21851

$39,000

Land

5.39 Acres

0 Worcester Hwy, Pocomoke City MD, 21851

Keri Ann Foster

Listing Office:

Decatur Byrd Realty

#MDWO2012124

MLS logo

About Worcester County, MD

Worcester County, MD has 601 homes on the market. In January 2023 in Worcester County, MD there were 0.5% less homes for sale than in December 2022. Listings spent 39 days on the market in January 2023, and had a median list price of $394,706 during the same period. This housing market listing prices have changed between December 2022 and January 2023: the cost of 1 bedroom properties went up by 25.1%, prices of 2 bedrooms properties went up by 15.7%, 3 bedrooms properties became 7.9% more expensive, the cost of 4 bedrooms properties went up by 11.4%, prices of 5 bedrooms properties increased by 8.1%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 3.2%, volume of 2 bedrooms homes went down by 2.5%, the quantity of 3 bedrooms homes went up by 2.7%, 4 bedrooms homes inventory decreased by 3.7%, volume of 5 bedrooms homes went up by 2%. Worcester County, MD housing market in January 2023 saw over 20 listings sold above listed price, more than 24 sold at listed price and over 62 sold below.

MLS Disclaimers and Copyright

Based on information from BrightMLS for the period 02/01/2021 - 02/01/2023

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2023 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2023, 6:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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