Maryland started 2025 with a total of 4,519 single-family homes on the market, with a median home price of $495,900 and an average price per square foot of $256.02. By the end of the year, inventory had increased to 6,262 homes on the market (+39%), with a median home price of $507,000 (+2%), and an average price per square foot of $248 (-3%).
At the start of 2025, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 77 days.
Maryland started the year with 34.37% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 39.81% of homes for sale had taken a price cut.
Market Update for June 8, 2026
