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Featured local agent — Melwood, MD
Sarah Mitchell
Compass Real Estate · Melwood, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Melwood, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$565,000median sale price
How is the Melwood, MD housing market right now?
The median home sale price in Melwood, MD is $565,000, up 28.3% year-over-year. Homes sell in an average of 80 days with 10 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 Melwood a buyer's or seller's market?
Melwood, MD is currently a balanced market, based on 5.0 months of supply and homes selling in about 80 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
80
Average pace
Active listings
10
5.0 months supply
Sale-to-list
101.3%
Above asking
What does the Melwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $565,000 |
| Median list price | $499,990 |
| Year-over-year price change | +28.3% |
| Average days on market | 80 days |
| Active inventory | 10 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $253/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 5 |
| Listings with a price cut | 30.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Melwood by property type?
How the Melwood, 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 | $725,000 | $168/sq ft | 1 | 79 days |
| Townhouse | $405,000 | $339/sq ft | 1 | 81 days |
Source: Redfin · Updated monthly
The Melwood housing market is currently classified as a balanced market with a median sale price of $565,000. Prices have risen 28.3% compared to last year, with homes spending an average of 80 days on market, indicating 5.0 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 Melwood
There are currently 10 homes listed for sale in Melwood, Maryland. The median listing price is $500K.
Active listings
10
Homes on market
Median list price
$500K
Avg. days on market
80
Days until sale
New this week
5
Newly listed
Who lives in Melwood?
Population
3,734
Median income
$83,917/yr
Median age
43 years
Owner-occupied
82.4%
College grads
37.0%
Avg commute
38.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Melwood?
Melwood is a community of approximately 4K residents with a median age of 43 years.The median household income is $83,917, which reflects a relatively affluent area with strong earning potential. 37.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Melwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Melwood, MD?
Want a head-to-head view? Compare Melwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Melwood?
The median home sale price in Melwood is $565,000, up 28.3% from last year.
How long do homes stay on market in Melwood?
Homes typically spend 80 days on market before going under contract.
What is the median income in Melwood?
The median household income is $83,917 per year.
Is Melwood a buyer's or seller's market?
With 5.0 months of supply, Melwood is currently a balanced market.
How much does a single-family home cost in Melwood?
The median single-family home price in Melwood, MD is $725,000 (about $168 per square foot).
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