Tag: #MarylandHousingMarket

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Maryland Housing Market Update – August 2026

The Maryland housing market continued to show resilience in August 2026. Home prices increased statewide, houses continued to sell at a relatively quick pace, and the available housing supply remained limited compared with the same time last year.

Statewide, average home prices increased 2.5% compared with August 2025, showing that Maryland home values continue to hold strong despite shifting market conditions. Houses averaged 17 days on the market statewide, giving buyers a little more time than in some of the faster-moving local markets while still reflecting steady buyer demand.

Inventory decreased from 3.5 months in August 2025 to 3.0 months in August 2026. Although inventory varies considerably by location, a three-month supply remains below what is generally considered a balanced market. Sellers may continue to benefit from limited competition, while buyers should be prepared when the right house becomes available.

As always, real estate is local. Conditions can vary significantly from one county to another, which is why I have included a county-by-county breakdown for Anne Arundel, Baltimore, Frederick, Howard, and Prince George’s Counties. Whether you are buying, selling, or simply keeping an eye on your house’s value, understanding your local market can help you make more informed decisions.

Anne Arundel County

Anne Arundel County experienced fewer sales in August 2026, while home prices remained higher than they were during the same month last year. A total of 615 houses sold, representing a 12.1% decrease compared with August 2025.

The average sales price increased 1.2% to $627,671, while the median sales price rose 1.3% to $507,000. Houses sold quickly, averaging just 11 days on the market, compared with 13 days in August 2025.

Inventory decreased from 2.5 months in August 2025 to 2.2 months this August. With limited inventory and houses continuing to sell quickly, Anne Arundel County remains a competitive market. Sellers should still prepare and price their houses carefully, while buyers need to be ready when the right opportunity appears.

Baltimore County

Baltimore County recorded fewer sales in August, but home prices showed strong year-over-year growth. A total of 687 houses sold, a 10.5% decrease compared with August 2025.

The average sales price increased 8.6% to $468,276, while the median sales price rose 6.8% to $390,000. Houses averaged 14 days on the market, compared with 13 days during the same month last year.

Inventory decreased from 2.7 months in August 2025 to 2.3 months in August 2026. Although fewer properties sold, rising prices and limited inventory demonstrate that buyer demand remains present. Correct pricing and strong presentation continue to be important for sellers, while buyers should be financially prepared before beginning their search.

Frederick County

Frederick County experienced a decrease in sales activity during August, while home prices continued to appreciate. A total of 299 houses sold, representing a 7.4% decrease compared with August 2025.

The average sales price increased 2.9% to $570,944, and the median sales price rose 5.0% to $525,000. Houses averaged 17 days on the market, compared with 14 days in August 2025.

Inventory decreased from 3.1 months last August to 2.5 months this August. Buyers may have a little more time to consider their options than they did last year, but the limited supply and continued price growth show that Frederick County remains competitive. Both buyers and sellers can benefit from understanding the conditions within their specific price range and community.

Howard County

Howard County stood out in August with an increase in the number of houses sold, even as average and median sales prices declined slightly. A total of 330 houses sold, representing a 7.8% increase compared with August 2025.

The average sales price decreased 3.1% to $697,363, while the median sales price declined 0.8% to $640,000. These changes do not necessarily mean that every Howard County house lost value. Monthly averages can be influenced by the types and price ranges of the properties sold during that period.

Houses continued to sell quickly, averaging just nine days on the market, compared with 10 days in August 2025. Inventory also tightened considerably, decreasing from 2.7 months last August to only 1.6 months this August.

With more sales, very limited inventory, and houses selling quickly, Howard County remains one of the most competitive markets in the region. Sellers still need to price strategically, while buyers should be prepared to act promptly when a suitable house becomes available.

Prince George’s County

Prince George’s County experienced slower sales activity and modest year-over-year price declines in August 2026. A total of 601 houses sold, representing a 9.4% decrease compared with August 2025.

The average sales price decreased 0.2% to $462,828, while the median sales price declined 1.1% to $445,000. Houses averaged 24 days on the market, compared with 20 days in August 2025.

Inventory decreased slightly from 3.6 months last August to 3.3 months this August. Prince George’s County is moving at a more measured pace than some neighboring counties, but inventory remains below what is generally considered a balanced market. Sellers should pay close attention to pricing, condition, and presentation, while buyers may have a little more time to compare their options and make informed decisions.

Final Thoughts

Maryland’s housing market continues to show strength, but August’s figures demonstrate why it is important to look beyond statewide headlines.

Average prices increased statewide, yet each county had a different story. Baltimore County experienced the strongest year-over-year price growth among these five counties, while Howard County recorded an increase in sales despite modest price declines. Anne Arundel and Frederick Counties continued to show price appreciation even as fewer houses sold, and Prince George’s County moved at a somewhat slower pace.

Inventory remained limited in all five counties, ranging from only 1.6 months in Howard County to 3.3 months in Prince George’s County. These differences can affect pricing, competition, negotiating power, and how quickly buyers and sellers need to act.

If you would like a complimentary market update for your neighborhood, city, or another Maryland county, I would be happy to provide one. Whether you are thinking about buying, selling, or simply curious about your house’s value, feel free to reach out anytime.

Lynn Nichols, REALTOR®
KW Flagship
Ready, Set, Sold®
Where Sellers Win & Buyers Begin

Cell: 443-694-0028
Office: 410-729-7700

MarylandHomesByLynn.com

Source: Maryland REALTORS® / Bright MLS

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Maryland Housing Market Update – July 2026

The Maryland housing market remained resilient in July 2026, with home prices continuing to appreciate and inventory remaining limited across much of the state. While buyers have more choices than they did during the severe inventory shortages of recent years, Maryland continues to experience competitive market conditions, particularly in areas where available housing remains tight.

Statewide, average home prices increased 3.9% compared to July 2025, showing that home values continue to hold strong despite changing market conditions. Homes are also continuing to sell at a relatively quick pace, averaging 14 days on the market statewide.

Inventory tightened compared to last year, decreasing from 3.4 months in July 2025 to 3.0 months this July. While inventory levels vary significantly by location, a three-month supply remains below what is generally considered a balanced market, continuing to create opportunities for sellers while giving buyers somewhat more selection than during the most competitive years.

As always, real estate is local. Conditions can vary significantly from one county to another, which is why I’ve included a county-by-county breakdown below for Anne Arundel, Baltimore, Frederick, Howard, and Prince George’s Counties. Whether you’re buying, selling, or simply keeping an eye on your house’s value, understanding your local market can help you make more informed decisions.

Anne Arundel County

Anne Arundel County continued to show strong market performance in July 2026, particularly when it comes to home values. Home sales remained virtually unchanged compared to the same time last year, declining just 0.1%, with 750 homes sold during the month. Meanwhile, the average sales price increased 10.0% to $681,785, and the median sales price rose 9.6% to $553,500, demonstrating significant year-over-year appreciation. Houses are still selling quickly, averaging just 11 days on the market, while inventory decreased from 2.5 months in July 2025 to 2.1 months this July. These conditions continue to favor sellers, but prepared buyers can still achieve their homeownership goals with the right strategy. Whether you’re thinking about buying or selling, understanding today’s local market conditions is key to making informed real estate decisions.

Baltimore County

Baltimore County’s housing market remained competitive in July 2026, with both sales activity and home values increasing compared to the same time last year. Unit sales increased 2.9%, with 790 homes sold, while the average sales price rose 6.4% to $482,551 and the median sales price increased 1.3% to $385,000. Houses are selling quickly, averaging just 10 days on the market, while inventory tightened from 2.7 months in July 2025 to 2.2 months this July. These market conditions continue to favor sellers, while prepared buyers can still achieve their homeownership goals with the right strategy. Whether you’re planning to buy or sell, understanding current market trends can help you make informed decisions and position yourself for success in today’s real estate market.

Frederick County

Frederick County experienced strong buyer activity in July 2026, with a notable increase in the number of homes sold compared to last year. Unit sales increased 14.5%, with 364 homes sold during the month. Home values also continued to appreciate, with the average sales price increasing 2.3% to $554,463 and the median sales price rising 3.0% to $515,000. Houses averaged just 12 days on the market, while inventory decreased from 3.1 months in July 2025 to 2.5 months this July. These conditions continue to support a competitive market and favor sellers, but prepared buyers can still achieve their homeownership goals with the right strategy. Whether you’re buying your first house, moving up, or preparing to sell, understanding current market trends can help you make confident real estate decisions.

Howard County

Howard County remained one of the more competitive markets in July 2026, with strong increases in both sales activity and home values. Unit sales increased 12.8%, with 369 homes sold, while the average sales price climbed 7.8% to $730,051 and the median sales price increased 6.3% to $674,900. Houses are continuing to sell quickly, averaging just seven days on the market, while inventory tightened considerably from 2.6 months in July 2025 to only 1.8 months this July. These conditions continue to favor sellers, but prepared buyers can still achieve their homeownership goals with the right strategy. Whether you’re considering buying or selling, understanding your local market can help you make confident, informed real estate decisions.

Prince George’s County

Prince George’s County experienced somewhat slower sales activity in July 2026, while home prices remained relatively stable compared to the same time last year. Unit sales declined 7.2%, with 679 homes sold during the month. The average sales price decreased slightly by 0.1% to $457,090, while the median sales price increased 0.2% to $449,000. Homes averaged 19 days on the market, compared to 17 days in July 2025, while inventory decreased slightly from 3.5 months last July to 3.3 months this July. Although conditions are more balanced than in some neighboring counties, well-prepared sellers can still benefit from buyer demand, and prepared buyers can continue to achieve their homeownership goals with the right strategy. Understanding local market trends remains one of the best ways to make informed real estate decisions.

Final Thoughts

Maryland’s real estate market continues to show strength, but as these county reports demonstrate, every local market has its own unique story. July brought particularly strong price appreciation in Anne Arundel and Howard Counties, while Frederick and Howard Counties experienced significant increases in sales activity. At the same time, inventory remains limited throughout much of the region, reinforcing just how important it is to look beyond statewide headlines and understand what’s happening in the community where you’re buying or selling.

If you’d like a complimentary market update for your neighborhood, city, or another Maryland county, I’d be happy to provide one. Whether you’re thinking about buying, selling, or simply curious about your house’s value, feel free to reach out anytime.

Lynn Nichols, REALTOR®
KW Flagship
Ready, Set, Sold®
Where Sellers Win & Buyers Begin

📞 Cell: 443-694-0028
📞 Office: 410-729-7700

🌐 MarylandHomesByLynn.com

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