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Featured local agent — Drum Point, MD
Sarah Mitchell
Compass Real Estate · Drum Point, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Drum Point, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$390,000median sale price
How is the Drum Point, MD housing market right now?
The median home sale price in Drum Point, MD is $390,000, down 18.8% year-over-year. Homes sell in an average of 20 days with 16 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 Drum Point a buyer's or seller's market?
Drum Point, MD is currently a balanced market, based on 3.2 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
20
Fast-moving
Active listings
16
3.2 months supply
Sale-to-list
97.5%
Below asking
What does the Drum Point housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $390,000 |
| Median list price | $485,000 |
| Year-over-year price change | -18.8% |
| Average days on market | 20 days |
| Active inventory | 16 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $317/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 7 |
| Listings with a price cut | 18.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Drum Point by property type?
How the Drum Point, 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 | $390,000 | $317/sq ft | 5 | 20 days |
| Townhouse | $425,000 | $415/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Drum Point housing market is currently classified as a balanced market with a median sale price of $390,000. Prices have fallen 18.8% compared to last year, with homes spending an average of 20 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Drum Point
There are currently 16 homes listed for sale in Drum Point, Maryland. The median listing price is $485K.
Active listings
16
Homes on market
Median list price
$485K
Avg. days on market
20
Days until sale
New this week
7
Newly listed
Who lives in Drum Point?
Population
3,219
Median income
$133,059/yr
Median age
37.8 years
Owner-occupied
90.6%
College grads
35.9%
Avg commute
45 min
Source: U.S. Census Bureau ACS
What is it like to live in Drum Point?
Drum Point is a community of approximately 3K residents with a median age of 37.8 years.The median household income is $133,059, which reflects a relatively affluent area with strong earning potential. 35.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 45 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Drum Point offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Drum Point, MD?
Want a head-to-head view? Compare Drum Point side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Drum Point?
The median home sale price in Drum Point is $390,000, down 18.8% from last year.
How long do homes stay on market in Drum Point?
Homes typically spend 20 days on market before going under contract.
What is the median income in Drum Point?
The median household income is $133,059 per year.
Is Drum Point a buyer's or seller's market?
With 3.2 months of supply, Drum Point is currently a balanced market.
How much does a single-family home cost in Drum Point?
The median single-family home price in Drum Point, MD is $390,000 (about $317 per square foot).
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