🏡 What’s Happening in Maryland’s Housing Market?

(September 2025 Data – Source: Maryland Realtors®)

If you’ve been thinking about buying or selling a home in Maryland, you’re probably wondering:
What’s really going on with the market right now?

The good news is — the market remains stable, with prices holding strong and new opportunities for both buyers and sellers.

Here’s what the latest report from Maryland Realtors® (September 2025) tells us.👇

📈 1. Home prices are up slightly

The average home price increased 1.8% compared to last year, while the median price rose 1.4%, reaching $430,000.

💡 In simple terms:
Prices are still going up, but not at the extreme pace we saw in past years. The market is balancing itself out.

🏠 2. More homes are going under contract

Pending sales rose 4%, showing that buyers are still active and confident in the market.
Even with current interest rates, families who plan ahead are still making homeownership happen.

💬 As many say:
“If I’m going to pay this much for rent, I’d rather invest it in my own home.”

🏘️ 3. Fewer new listings on the market

New listings dropped to 6,917 from 7,832 a year ago.
That means less inventory for buyers and a bit less competition for sellers — an interesting balance.

💡 If you’re thinking about selling, now’s a great time to stand out with the right pricing and marketing strategy.

⏳ 4. Homes are taking longer to sell

The average time on market went from 11 days to 17 days.
That’s not a slowdown — it’s simply showing that buyers are taking more time to make decisions.

For sellers, presentation and pricing matter more than ever.

🎯 What does this mean for you?

✅ If you’re buying:
There’s room to negotiate and explore more options. The market is calmer — which means more time to make smart decisions.

✅ If you’re selling:
Your home still has strong value. With the right strategy, it can sell quickly and at a great price.

💬 In summary

Maryland’s housing market remains healthy, steady, and full of opportunity.
Families who prepare and take action are still achieving their dream of homeownership — even in today’s conditions.

📊 Source: Maryland Realtors – Housing Statistics, September 2025