New - 1 hour on Rocket
Jason French, Listing Office: Benson & Mangold, LLC
Dorchester County Housing Market Report December 2024•Dorchester County, Maryland
Housing Prices in Dorchester County, MD
How much do homes in Dorchester County, MD cost?
Housing Market Conditions
Is Dorchester County, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Dorchester County is a Seller's Market
Difference Since December 2023
Since last year, Dorchester County has remained a Seller's Market.
Insight
Dorchester County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$269,983$167/SqFt
+$10,983
+4.2%
Based on all homes sold in the last 12 months
Insight
Homes in Dorchester County have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Dorchester County was $269,983 in December 2024, up 4.2% from last year, and the median price per square foot was $167.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Dorchester County | $259K | $269.9K | +4.2% |
| Caroline County | $300K | $312K | +4.0% |
| Wicomico County | $255.1K | $265K | +3.9% |
| Talbot County | $478.9K | $486.5K | +1.6% |
| Sussex County | $481.8K | $487K | +1.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $157K | $69K | -56.1% |
| 22 Bedrooms | $160K | $185K | +15.6% |
| 33 Bedrooms | $235K | $249.9K | +6.3% |
| 44 Bedrooms | $315.4K | $316.8K | 0.4% |
| 55+ Bedrooms | $400K | $372.4K | -6.9% |
Summary: Dorchester County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -56.1%. The home price for 2 bedroom homes increased by +15.6%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by 0.4%. The home price for 5 bedroom homes decreased by -6.9%.
Housing supply in Dorchester County, MD
How many homes are available in Dorchester County, MD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 208Last MonthDec 2024 | ||
| 2152 months agoNov 2024 | -3.3 % Change MoMNov – Dec |
Summary: The Dorchester County real estate market had 208 homes for sale in Dec 2024, a 3.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 36Last MonthDec 2024 | ||
| 332 months agoNov 2024 | +9.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 41 | 37 | -9.8% |
| 33 Bedrooms | 109 | 111 | +1.8% |
| 44 Bedrooms | 44 | 41 | -6.8% |
| 55+ Bedrooms | 20 | 18 | -10.0% |
Summary: Dorchester County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -9.8%. The inventory for 3 bedroom homes increased by +1.8%. The inventory for 4 bedroom homes decreased by -6.8%. The inventory for 5 bedroom homes decreased by -10.0%.
Asking Price vs. Sold Price
How much do homes in Dorchester County, MD cost?
Over Asking Price5 Homes
At Asking Price11 Homes
Under Asking Price20 Homes
Insight
If you're buying a home in Dorchester County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Dorchester County in December 2024, up by 9.1% month-over-month. Of the 36 sold homes, 56% were sold under asking, 31% were sold at asking, and and 14% were sold over asking.
Days on Market for Dorchester County, MD
How long does it take to sell a home in Dorchester County, MD?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days13 Homes
Over 90 Days8 Homes
Insight
Many homes in Dorchester County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 36 homes were sold in Dorchester County; 42% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 64 DaysThis YearDec 2024 | ||
| 76 Days1 year agoDec 2023 | -16.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Dorchester County had an average listing age of 64 days in Dec 2024, down by 16.0% compared to the previous year.
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Newest Listings in Dorchester County, MD
What homes are available in Dorchester County, MD?
Coming soon
$4,868 Closing Credit¹
Shane McCullough Slacum, Listing Office: VYBE Realty
New - 1 day on Rocket
$3,313 Closing Credit¹
Sharee Body, Listing Office: EXIT ESSENTIALS REALTY, LLC
New - 2 days on Rocket
$10,000 Closing Credit¹
Amy Lynn Betts, Listing Office: Coldwell Banker Realty
Coming soon
$5,045 Closing Credit¹
Jaime Cortes, Listing Office: Coldwell Banker Realty
Coming soon
$2,731 Closing Credit¹
Kaitlyn Cole Collins, Listing Office: Benson & Mangold, LLC
New - 5 days on Rocket
$4,691 Closing Credit¹
Valerie P Brown, Listing Office: Powell REALTORS
$416 Closing Credit¹
Janet L Cephas, Listing Office: New Realty, LLC
$1,188 Closing Credit¹
Daniel B Register IV, Listing Office: Northrop Realty
$3,681 Closing Credit¹
William H Gray, Listing Office: New Realty, LLC
$4,394 Closing Credit¹
Deborah L. Clark, Listing Office: EXP Realty, LLC
$416 Closing Credit¹
Heather Ann Brummell, Listing Office: Shore Living Real Estate
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.