Tilghman Island, MD
Housing market overview · Updated weekly
$411,000median sale price
Homes sold
3
Last 12 weeks
Days on market
78
Average pace
Active listings
13
4.3 months supply
Sale-to-list
90.8%
Below asking
Tilghman Island, MD housing market analysis
The Tilghman Island housing market is currently classified as a buyer's market with a median sale price of $411,000. Homes in Tilghman Island spend an average of 78 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 4.3 months of supply, Tilghman Island is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 90.8%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 13 active listings in Tilghman Island, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 4 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 Tilghman Island 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 Tilghman Island with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Tilghman Island, MD
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Frequently asked questions
What is the average home price in Tilghman Island?
The median home sale price in Tilghman Island is $411,000, down 0.0% from last year.
How long do homes stay on market in Tilghman Island?
Homes typically spend 78 days on market before going under contract.
Is Tilghman Island a buyer's or seller's market?
With 4.3 months of supply, Tilghman Island is currently a buyer's market.
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