Redland, MD
Housing market overview · Updated weekly
$640,000median sale price
Homes sold
11
Last 12 weeks
Days on market
29
Average pace
Active listings
24
2.2 months supply
Sale-to-list
100.9%
Above asking
Redland, MD housing market analysis
The Redland housing market is currently classified as a seller's market with a median sale price of $640,000. Prices have increased 7.4% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Redland spend an average of 29 days on market before going under contract, which is a moderate pace, suggesting a reasonably active market with healthy demand.
With 2.2 months of supply, inventory in Redland is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 100.9%, meaning homes are selling at or above their asking price on average — a strong indicator of competitive demand.
There are currently 24 active listings in Redland, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 21 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Redland as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Redland with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Redland?
The median home sale price in Redland is $640,000, up 7.4% from last year.
How long do homes stay on market in Redland?
Homes typically spend 29 days on market before going under contract.
Is Redland a buyer's or seller's market?
With 2.2 months of supply, Redland is currently a seller's market.
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