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Maryland’s Real Estate Market: Snapshot of 2025 Trends

Maryland’s housing market continues to reflect a seller’s edge, marked by rising home prices and competitive buyer demand. As of July 2025, the median sale price reached $461,100, a 3.1% year-over-year increase, while inventory rose 19.1%, signaling more listings but still tight supply. Homes are lingering a bit longer—average days on market climbed to 35 days, yet the seller’s market remains firmly in place.Redfin

Demand, Inventory & Buyer Behavior

Despite inventory gains, demand remains strong: 36.8% of homes sold above list price, though that’s down 8.4 points from last year. Plus, more properties are experiencing price drops, suggesting slight shifts favoring savvy buyers.Redfin Meanwhile, a 48.2% surge in listings year-over-year puts Maryland among the top states seeing inventory growth, opening up more options for home seekers.New York Post

Urban Trends & Development Drivers

Key regions—Anne Arundel, Baltimore, Howard, Montgomery, and Prince George’s counties—continue to underscore seller-favored dynamics, with well-prepared buyers still encountering stiff competition.Bobby Kandhari In Montgomery County, a forward-looking “missing middle” housing initiative was passed in July 2025, allowing multi-unit dwellings like duplexes and townhomes on single-family lots to inject more affordable choices into the market.The Washington Post

What Buyers & Sellers Should Know

Search interest in phrases like “housing market predictions” and “Is the housing market going to crash?” is growing, reflecting curiosity and caution.Nechelle A. Robinson Still, experts note signs of “recalibration” rather than collapse, especially as inventory increases. Sellers continue to enjoy favorable conditions, while buyers can benefit from heightened inventory and take advantage of more negotiation room.