Maryland Eastern Shore Real Estate Market Report (March 2025)
Data Source: Bright MLS Weekly Market Report, (Week Ending April 4, 2025)
Report Prepared by Square Feet Appraisals in Collaboration with Delaware Beaches Online
Market Overview
The Maryland Eastern Shore housing market in March 2025 stayed relatively steady. While the number of home sales dipped just slightly, prices crept up and there was a lot more inventory available compared to last year.
| Metric | Mar 2025 | Mar 2024 | % Change |
|---|---|---|---|
| Closed Sales | 443 | 446 | -0.7% |
| Median Sold Price | $403,995 | $390,000 | +3.6% |
| Median Days on Market | 31 days | 29 days | +2 days |
| New Pending Sales | 659 | 668 | -1.3% |
| New Listings | 903 | 740 | +22.0% |
| Active Listings | 2,124 | 1,669 | +27.3% |
| Months of Supply | 3.81 | 3.34 | +0.47 months |
County-Level Breakdown
This section reflects the regional data as a whole and does not split into individual Maryland Eastern Shore counties. However, the general regional trends are:
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Inventory is up. More homes are hitting the market.
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Prices are rising, but moderately.
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Buyer activity (pending sales) is slightly down, likely due to market uncertainty.
Market Breakdown by Property Type
Bright MLS does not separate property types by region in this section, but the overall trends for the DelMar Coastal region (which includes the Maryland Eastern Shore) show:
| Property Type | Median Price | Change YoY | Days on Market | Change YoY |
|---|---|---|---|---|
| Detached Homes | $403,995 | +3.6% | 31 days | +2 days |
| Townhomes | $425,000 | +0.6% | 31 days | +7 days |
| Condos | $420,000 | +5.7% | 29 days | +11 days |
Key Insights
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Buyers are still active, but they’re taking a little more time to make decisions. Median days on market are ticking up slightly.
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There are more homes for sale. Inventory has jumped nearly 30% from last year, giving buyers more choices.
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Prices are trending up—but not drastically. Sellers are still in a good position, especially if their homes are priced right.
Observations & Trends
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Slight softening in buyer demand: Pending sales dropped slightly, suggesting some buyers may be holding off.
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Inventory surge: New listings jumped over 22%, and active listings increased over 27%.
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Seller opportunity: With more inventory but steady price growth, sellers can still capitalize—especially if they price smart and move quickly.
Takeaway
The Maryland Eastern Shore market is balancing out. It’s not red-hot, but it’s not cold either. Prices are climbing moderately, and inventory is strong—great news if you’re looking to buy without fierce competition. For sellers, the key is to price competitively and be ready to move.
Want to dive deeper or make a move? Keep an eye on how mortgage rates shift in the coming weeks—they’ll be a big factor in what happens next.
