Maryland · Housing market

The Maryland housing market, by the numbers.

Median sale price, days on market, and what a traditional sale really costs a Maryland seller — every figure on this page comes from the source cited next to it.

  • Median sale price: $477,000
  • Median days on market: 34
  • Typical selling costs: ~7.16% of the price
  • Foreclosure timeline: 3 to 5 months
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The headline numbers.

Each figure comes from the source cited under it. Medians describe the middle of the Maryland market, not any specific house.

Maryland metric Value Source
Median sale price $477,000 Redfin state market tracker, May 2026
Median days on market 34 days Redfin state market tracker, May 2026
Average agent commission 5.41% (≈ $25,806) Clever Feb 2026 survey (state avg)
Seller closing costs 1% (≈ $4,770) Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026
Seller transfer tax 0.75% (≈ $3,578) HomeLight, Jan 2025 (0.5% state + county up to 1.4%, customarily split; seller-half estimate)

Data updated: September 2026

$477,000 Median sale price Source: Redfin state market tracker, May 2026
34 days Median days on market Source: Redfin state market tracker, May 2026
5.41% Average agent commission Source: Clever Feb 2026 survey (state avg)

Selling the traditional way in Maryland: the math.

The same arithmetic an agent would run at your kitchen table, worked on the Maryland median sale price.

Worked on the $477,000 median sale priceSource: Redfin state market tracker, May 2026
Agent commission5.41% × $477,000 · Source: Clever Feb 2026 survey (state avg) ~$25,806
Seller closing costs1% × $477,000 · Source: Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026 ~$4,770
Transfer taxes0.75% × $477,000 · Source: HomeLight, Jan 2025 (0.5% state + county up to 1.4%, customarily split; seller-half estimate) ~$3,578
Typical cost of a traditional sale≈ 7.16% of the median sale price ≈ $34,154

How to read this: on the $477,000 median sale, the traditional route leaves roughly $442,846 before loan payoff, repairs, and the holding costs (effective property tax ~1.07%/yr per the Tax Foundation, plus insurance and utilities) that stack up while you wait about 34 days on market. These are estimates worked on the Maryland median; your actual costs vary by county, property, and buyer.

The cost of waiting: Maryland's effective property-tax rate runs about 1.07% a year (Tax Foundation). Worked on the $477,000 median home, that's roughly $5,104 a year in property tax — call it $475 accrued across the 34-day (about 5-week) median wait for a traditional sale, before insurance and utilities, and on top of the selling costs above. The longer a Maryland listing sits past the median, the bigger that carrying cost grows.

The Maryland foreclosure clock.

Maryland uses a non-judicial foreclosure process, and a typical case runs 3 to 5 months — that window is how much real time an owner has to catch up, refinance, or sell.

How long it really takes: Statutory minimum is roughly 4.5 months from first missed payment to sale (90 days default + 45 days after service); in practice a Maryland foreclosure typically runs about 6–12+ months from first missed payment to sale, and longer if mediation is requested (practitioner estimate).

Primary statute: Md. Code, Real Property §7-105.1. This is general information, not legal advice — confirm the specifics with a local attorney.

Free Maryland Foreclosure Deadline Calculator →

If you need to sell fast.

The numbers above describe the traditional route in Maryland: roughly 7.16% of the price in selling costs and about 34 days of waiting before a financed buyer even closes. When time is the real problem — a foreclosure date, back taxes, a move that can't wait — some owners trade part of the headline price for speed and certainty by selling as-is to a cash buyer.

Your cash option: You can request offers on Maryland houses sold as-is — no repairs, no commissions, no fees to you. Requesting offers is free, and you decide what happens next.

See what the Maryland numbers mean for your house.

Compare the traditional math above with a fast as-is sale — free tools, sourced data, and a timeline you control.

Selling fast in Maryland →