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Featured local agent — Cobb Island, MD
Sarah Mitchell
Compass Real Estate · Cobb Island, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cobb Island, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$292,500median sale price
How is the Cobb Island, MD housing market right now?
The median home sale price in Cobb Island, MD is $292,500, down 35.0% year-over-year. Homes sell in an average of 85 days with 5 active listings. The market is currently a balanced 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 Cobb Island a buyer's or seller's market?
Cobb Island, MD is currently a balanced market, based on 2.5 months of supply and homes selling in about 85 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
85
Average pace
Active listings
5
2.5 months supply
Sale-to-list
90.2%
Below asking
What does the Cobb Island housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $292,500 |
| Median list price | $1.25M |
| Year-over-year price change | -35.0% |
| Average days on market | 85 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 90.2% |
| Median price per sq ft | $260/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Cobb Island by property type?
How the Cobb 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 | $292,500 | $260/sq ft | 2 | 85 days |
Source: Redfin · Updated monthly
The Cobb Island housing market is currently classified as a balanced market with a median sale price of $292,500. Prices have fallen 35.0% compared to last year, with homes spending an average of 85 days on market, indicating 2.5 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 2.3x provides context for how home values compare to local earning capacity.
Homes for sale in Cobb Island
There are currently 5 homes listed for sale in Cobb Island, Maryland. The median listing price is $1.3M.
Active listings
5
Homes on market
Median list price
$1.3M
Avg. days on market
85
Days until sale
New this week
1
Newly listed
Who lives in Cobb Island?
Population
1,162
Median income
$161,141/yr
Median age
45.7 years
Owner-occupied
85.6%
College grads
7.4%
Avg commute
48.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Cobb Island?
Zillow home value
$372,872
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Cobb Island?
Cobb Island is a community of approximately 1K residents with a median age of 45.7 years.The median household income is $161,141, which reflects a relatively affluent area with strong earning potential. 7.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 48.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Cobb Island offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cobb Island, MD?
Want a head-to-head view? Compare Cobb 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 Cobb Island?
The median home sale price in Cobb Island is $292,500, down 35.0% from last year.
How long do homes stay on market in Cobb Island?
Homes typically spend 85 days on market before going under contract.
What is the median income in Cobb Island?
The median household income is $161,141 per year.
Is Cobb Island a buyer's or seller's market?
With 2.5 months of supply, Cobb Island is currently a balanced market.
What is the Zillow home value estimate for Cobb Island?
The Zillow Home Value Index (ZHVI) for Cobb Island is $372,872, representing the typical home value in the area.
How much does a single-family home cost in Cobb Island?
The median single-family home price in Cobb Island, MD is $292,500 (about $260 per square foot).
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