Is Worcester County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Worcester County has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | $215K | $269K | +25.1% |
2 Bedrooms | $332.5K | $384.7K | +15.7% |
3 Bedrooms | $380.3K | $410.5K | +7.9% |
4 Bedrooms | $536.6K | $598K | +11.4% |
5+ Bedrooms | $749.9K | $811K | +8.1% |
Median Sold Price Compared To Nearby Counties
Wicomico County | $215.1K | $249.9K | +16.2% |
Sussex County | $380.5K | $438.2K | +15.2% |
Worcester County | $358.1K | $394.7K | +10.2% |
Somerset County | $185K | $193.5K | +4.6% |
How many homes are available in Worcester County, MD?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
604 | 601 | -0.5% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 63 | 61 | -3.2% |
2 Bedrooms | 158 | 154 | -2.5% |
3 Bedrooms | 226 | 232 | +2.7% |
4 Bedrooms | 108 | 104 | -3.7% |
5+ Bedrooms | 49 | 50 | +2.0% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
104 | 106 | +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
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
41 Days | 39 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