New Listing
34
$424,900
86 Harbour Heights Dr
Parole, MD 21401
3 bd3 ba1,524 sqft$279/ft²
Condo
Nickolaus Waldner · Keller Williams Realty Centre
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Compass Real Estate · Parole, MD
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Parole, MD Housing Market
Seller's market-5.5% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $520,000, -5.5% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 50 days, Parole is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $520,000 home is about $2,776/mo in principal and interest.
Key numbers for Parole, MD
Median sale price
$520,000
-5.5% year over year
Redfin, through May 2026
Days on market
50
Average pace
Redfin, through May 2026
Active listings
71
2.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$119,591
Home costs 4.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.6%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Parole a buyer's or seller's market?
Seller's market2.0 months of supply50 days on market99.6% of asking
Parole, MD is a seller's market, based on 2.0 months of supply and homes selling in about 50 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Parole housing market data show?
Every row below is Redfin's final published month for Parole, MD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $520,000 |
| Median list price | $577,000 |
| Year-over-year price change | -5.5% |
| Median price per sq ft | $302/sq ft |
| Median days on market | 50 days |
| Active inventory | 71 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 99.6% |
| Homes sold (that month) | 35 |
| New listings (that month) | 40 |
| Listings with a price cut | 28.2% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Parole is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Parole is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Parole home prices moved?
Over the last three years the median sale price in Parole, MD rose 5.1%, from $495,000 to $520,000. 28.2% of Parole listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 99.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Parole?
Priced off the median sale price of $520,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $104,000 | $416,000 | $2,776/mo |
| 5% | $26,000 | $494,000 | $3,297/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,776, that implies roughly $118,973 a year before you add taxes and insurance. The median household in Parole earns $119,591, about $618 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Parole in the next 12 months?
Tell us your timeline. We send the Parole market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Parole?
Zillow does not publish a rent index (ZORI) for Parole, MD, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Parole?
Active listings in Parole, MD went from 56 in May 2025 to 71 in May 2026, a +26.8% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 59 | 29 |
| July 2025 | 63 | 34 |
| August 2025 | 67 | 37 |
| September 2025 | 66 | 32 |
| October 2025 | 71 | 32 |
| November 2025 | 61 | 23 |
| December 2025 | 52 | 17 |
| January 2026 | 62 | 28 |
| February 2026 | 62 | 22 |
| March 2026 | 73 | 51 |
| April 2026 | 78 | 47 |
| May 2026 | 71 | 40 |
Redfin, through May 2026
How does Parole compare to Maryland and the U.S.?
Parole homes sell for $520,000 — 9% above the Maryland median of $477,300. Against the national median of $410,700, Parole runs 27% higher. Year-over-year, Parole moved -5.5% against Maryland's +5.5% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Parole, MD | $520,000 | -5.5% | 50 days |
| Maryland statewide | $477,300 | +5.5% | 34 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Parole
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 28.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $521 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $520,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Parole listing goes under contract in 50 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Parole added 40 new listings against 35 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Parole varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Parole
There are currently 71 homes listed for sale in Parole, Maryland. The median listing price is $577K. Featured listings range from $424,900 to $1,300,000.
37
$425,000
928 Riversedge Cir
Parole, MD 21401
2 bd2 ba1,200 sqft$354/ft²
Townhouse1,931 sqft lot
Joe Smith · Next Step Realty, LLC.
View photos & details
New Listing
33
$454,900
940 Astern Way Unit 304
Parole, MD 21401
2 bd2 ba1,272 sqft$358/ft²
Condo
Colleen Smith · EXP Realty, LLC
View photos & details
New Listing
47
$465,000
907 Beacon Way
Parole, MD 21401
2 bd2 ba1,234 sqft$377/ft²
Townhouse2,178 sqft lot
Jennifer Klarman · Long & Foster Real Estate, Inc.
View photos & details
New Listing
67
$565,000
2924 Winters Chase Way
Parole, MD 21401
2 bd3 ba2,136 sqft$265/ft²
Townhouse2,260 sqft lot
Christine Bishop · Berkshire Hathaway HomeServices PenFed Realty
View photos & details
New Listing
3
$609,900
147 Spring Place Way
Parole, MD 21401
3 bd4 ba3,287 sqft$186/ft²
Townhouse4,593 sqft lot
Nancy Gowan · Real Broker, LLC - Annapolis
View photos & details
New Listing
21
$725,000
114 Spring Place Way
Parole, MD 21401
4 bd4 ba2,615 sqft$277/ft²
Townhouse4,555 sqft lot
Steven Chapman · Douglas Realty LLC
View photos & details
New Listing
2
$729,990
2708 Merlot Ln
Parole, MD 21401
3 bd4 ba2,840 sqft$257/ft²
Townhouse2,350 sqft lot
Ellen Miller · EXP Realty, LLC
View photos & details
New Listing
45
$899,000
515 Powell Dr
Parole, MD 21401
4 bd3 ba1,724 sqft$521/ft²
House1.10 acres
Sharon Blaszczak · Long & Foster Real Estate, Inc.
View photos & details
New Listing
94
$1,200,000
508 Epping Forest Rd
Parole, MD 21401
5 bd4 ba3,404 sqft$353/ft²
House1.25 acres
Jeffrey Robinson · Douglas Realty LLC
View photos & details
New Listing
58
$1,250,000
1718 Woodlore Rd
Parole, MD 21401
4 bd4 ba2,522 sqft$496/ft²
House1.08 acres
Sharon Blaszczak · Long & Foster Real Estate, Inc.
View photos & details
New Listing
77
$1,300,000
720 Fantail Ct
Parole, MD 21401
4 bd5 ba6,214 sqft$209/ft²
House13,848 sqft lot
Shawn Basford · RE/MAX Advantage Realty
View photos & details
Looking to buy in Parole?
Get connected with a local real estate expert — free, no obligation.
Active listings
71
Homes on market
Median list price
$577K
Avg. days on market
50
Days until sale
New this week
40
Newly listed
Price drops:28.2%of listings
Sale-to-list:99.6%
How much do homes cost in Parole by property type?
How the Parole, MD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $903,000 | $361/sq ft | 11 | 45 days |
| Condo / co-op | $345,000 | $276/sq ft | 10 | 56 days |
| Townhouse | $496,500 | $280/sq ft | 14 | 43 days |
Who lives in Parole?
American Community Survey estimates for Parole. U.S. Census ACS, 2023
Population
17,910
Households
9,564
Median income
$119,591/yr
Median age
52.9 years
Owner-occupied
63.2%
Median home value
$521,100
Median gross rent
$2,187/mo
Mean commute
31.6 min
63.2% of occupied homes in Parole are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Parole, MD?
Ordered by distance from Parole, not by size. Compare Parole side by side with any of them.
Which ZIP codes are in Parole?
These are the ZIP codes we see on active Parole listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Parole housing market FAQ
Is Parole a buyer's or seller's market?
Parole, MD is currently a seller's market. That read comes from 2.0 months of supply, homes going under contract in about 50 days, and sellers getting 99.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Parole?
The median sale price in the last month Redfin published was $520,000, about $302 per square foot.
Is Parole cheaper than the rest of Maryland?
Parole's median sale price of $520,000 is 9% higher than the Maryland statewide median of $477,300, and 27% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Parole?
Homes in Parole, MD spent a median of 50 days on market before going under contract, versus 34 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Parole?
At the current 30-year fixed rate of 7.03%, 20% down on a $520,000 home is about $2,776 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $118,973 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $119,591.
Are home prices rising in Parole?
Redfin's last published year-over-year change for Parole, MD was -5.5%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Parole?
Parole ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Parole?
That depends on your timeline, not on a headline. What the data says today: Parole, MD is a seller's market with 2.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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