St. Michaels, MD
Housing market overview · Updated weekly
$1.00Mmedian sale price
Homes sold
1
Last 12 weeks
Days on market
28
Average pace
Active listings
13
13.0 months supply
Sale-to-list
91.0%
Below asking
The St. Michaels housing market is currently classified as a buyer's market with a median sale price of $1.00M. Prices have fallen 22.8% compared to last year, with homes spending an average of 28 days on market, indicating 13.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in St. Michaels
There are currently 13 homes listed for sale in St. Michaels, Maryland. The median listing price is $1.2M.
Active listings
13
Homes on market
Median list price
$1.2M
Avg. days on market
28
Days until sale
New this week
7
Newly listed
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Frequently asked questions
What is the average home price in St. Michaels?
The median home sale price in St. Michaels is $1.00M, down 22.8% from last year.
How long do homes stay on market in St. Michaels?
Homes typically spend 28 days on market before going under contract.
Is St. Michaels a buyer's or seller's market?
With 13.0 months of supply, St. Michaels is currently a buyer's market.
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