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| FOCUS ON: WICOMICO COUNTY HOUSING MARKET |
SEPTEMBER 2025 |
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Units Sold
102 |
Active Inventory
322 |
Median Sale Price
$275,000 |
Days On Market
48 |
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Up 32%
Vs. Year Ago |
Up 43%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 102 sold this month in Wicomico County Real Estate versus 80 last month, an increase of 28%. This month's total units sold was higher than at this time last year, an increase of 32% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 97 units or 43%. The total number of active inventory this September was 322 compared to 225 in September 2024. This month's total of 322 is lower than the previous month's total supply of available inventory of 346, a decrease of 7%.
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Median Sale Price
Last September, the median sale price for Wicomico County Homes was $290,125. This September, the median sale price was $275,000, a decrease of 5% or $15,125 compared to last year. The current median sold price is 4% higher than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
96 |
Current Contracts
94 |
Sold Vs. List Price
97.6% |
Months of Supply
3.2 |
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Down -9%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
Down -2.4%
Vs. Year Ago |
Up 8%
Vs. Year Ago |
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Months of Supply
In September, there was 3.2 months of supply available in Wicomico County, compared to 2.9 in September 2024. That is an increase of 8% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 96 homes newly listed for sale in Wicomico County compared to 106 in September 2024, a decrease of 9%. There were 94 current contracts pending sale this September compared to 104 a year ago. The number of current contracts is 10% lower than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Wicomico County was 97.6% of the average list price, which is 2.4% lower than at this time last year.
Days on Market
This month, the average number of days on market was 48, higher than the average last year, which was 45, an increase of 7%.
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |