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Featured local agent — Broomes Island, MD
Sarah Mitchell
Compass Real Estate · Broomes Island, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Broomes Island, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$572,450median sale price
How is the Broomes Island, MD housing market right now?
The median home sale price in Broomes Island, MD is $572,450. Homes sell in an average of 67 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Broomes Island a buyer's or seller's market?
Broomes Island, MD is currently a seller's market, based on 1.5 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
67
Average pace
Active listings
3
1.5 months supply
Sale-to-list
99.5%
Below asking
What does the Broomes Island housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $572,450 |
| Median list price | $425,000 |
| Average days on market | 67 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $205/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Broomes Island by property type?
How the Broomes Island, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $572,450 | $205/sq ft | 2 | 67 days |
Source: Redfin · Updated monthly
The Broomes Island housing market is currently classified as a seller's market with a median sale price of $572,450. Prices have fallen 0.0% compared to last year, with homes spending an average of 67 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.6x provides context for how home values compare to local earning capacity.
Homes for sale in Broomes Island
There are currently 3 homes listed for sale in Broomes Island, Maryland. The median listing price is $425K.
Active listings
3
Homes on market
Median list price
$425K
Avg. days on market
67
Days until sale
New this week
1
Newly listed
Who lives in Broomes Island?
Population
422
Median income
$191,944/yr
Median age
49.9 years
Owner-occupied
100.0%
College grads
27.3%
Avg commute
61.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Broomes Island?
Zillow home value
$491,218
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in Broomes Island?
Broomes Island is a community of approximately 0K residents with a median age of 49.9 years.The median household income is $191,944, which reflects a relatively affluent area with strong earning potential. 27.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 61.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Broomes Island offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Broomes Island, MD?
Want a head-to-head view? Compare Broomes Island side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Broomes Island?
The median home sale price in Broomes Island is $572,450, down 0.0% from last year.
How long do homes stay on market in Broomes Island?
Homes typically spend 67 days on market before going under contract.
What is the median income in Broomes Island?
The median household income is $191,944 per year.
Is Broomes Island a buyer's or seller's market?
With 1.5 months of supply, Broomes Island is currently a seller's market.
What is the Zillow home value estimate for Broomes Island?
The Zillow Home Value Index (ZHVI) for Broomes Island is $491,218, representing the typical home value in the area.
How much does a single-family home cost in Broomes Island?
The median single-family home price in Broomes Island, MD is $572,450 (about $205 per square foot).
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