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Featured local agent — Leonardtown, MD
Sarah Mitchell
Compass Real Estate · Leonardtown, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Leonardtown, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$566,200median sale price
How is the Leonardtown, MD housing market right now?
The median home sale price in Leonardtown, MD is $566,200, down 7.2% year-over-year. Homes sell in an average of 37 days with 18 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 Leonardtown a buyer's or seller's market?
Leonardtown, MD is currently a seller's market, based on 1.3 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
37
Average pace
Active listings
18
1.3 months supply
Sale-to-list
99.1%
Below asking
What does the Leonardtown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $566,200 |
| Median list price | $449,900 |
| Year-over-year price change | -7.2% |
| Average days on market | 37 days |
| Active inventory | 18 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 15 |
| Listings with a price cut | 5.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Leonardtown by property type?
How the Leonardtown, 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 | $679,900 | $170/sq ft | 7 | 39 days |
| Condo / Co-op | $302,000 | $274/sq ft | 1 | 1 days |
| Townhouse | $449,900 | $180/sq ft | 6 | 37 days |
Source: Redfin · Updated monthly
The Leonardtown housing market is currently classified as a seller's market with a median sale price of $566,200. Prices have fallen 7.2% compared to last year, with homes spending an average of 37 days on market, indicating 1.3 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 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Leonardtown
There are currently 18 homes listed for sale in Leonardtown, Maryland. The median listing price is $450K.
Active listings
18
Homes on market
Median list price
$450K
Avg. days on market
37
Days until sale
New this week
15
Newly listed
Who lives in Leonardtown?
Population
4,712
Median income
$148,276/yr
Median age
35 years
Owner-occupied
55.7%
College grads
46.9%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Leonardtown?
Zillow home value
$541,016
Zillow rent index
$2,263/mo
Price-to-rent ratio
19.9x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Leonardtown?
Leonardtown is a community of approximately 5K residents with a median age of 35 years.The median household income is $148,276, which reflects a relatively affluent area with strong earning potential. 46.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 55.7%, showing a blend of owner and renter-occupied properties. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Leonardtown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Leonardtown?
5 schools tracked · 4,055 students
The largest public schools serving Leonardtown, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Leonardtown High
Grades 9-12 · 2,072 students
Leonardtown Middle
Grades 6-8 · 954 students
Captain Walter Francis Duke Elementary
Grades PK-5 · 537 students
Leonardtown Elementary
Grades PK-5 · 492 students
Dr. James A. Forrest Career and Technology Center
Grades 9-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Leonardtown, MD?
Want a head-to-head view? Compare Leonardtown side-by-side with any other U.S. city using our market-comparison tool.
Is Leonardtown a good real estate investment market?
For investors evaluating Leonardtown, the price-to-rent ratio of 19.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 7.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Leonardtown's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Leonardtown's median home price.
Frequently asked questions
What is the average home price in Leonardtown?
The median home sale price in Leonardtown is $566,200, down 7.2% from last year.
How long do homes stay on market in Leonardtown?
Homes typically spend 37 days on market before going under contract.
What is the median income in Leonardtown?
The median household income is $148,276 per year.
Is Leonardtown a buyer's or seller's market?
With 1.3 months of supply, Leonardtown is currently a seller's market.
What is the Zillow home value estimate for Leonardtown?
The Zillow Home Value Index (ZHVI) for Leonardtown is $541,016, representing the typical home value in the area.
What is the median condo price in Leonardtown?
The median condo/co-op sale price in Leonardtown, MD is $302,000, compared to $679,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Leonardtown?
The median single-family home price in Leonardtown, MD is $679,900 (about $170 per square foot).
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