Port Tobacco Housing Market Report February 2025Charles County, Maryland

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Housing Prices in Port Tobacco, MD

How much do homes in Port Tobacco, MD cost?

Housing Market Conditions

Is Port Tobacco, MD a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Port Tobacco is a Seller's Market

Difference Since February 2024

Since last year, Port Tobacco has remained a Seller's Market.

Insight

Port Tobacco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$668,000$214/SqFt
+$193,000
+40.6%

Based on all homes sold in the last 12 months

Insight

Homes in Port Tobacco have sold for 40.6% more than they did a year ago.

Summary: The median home sold price in Port Tobacco was $668,000 in February 2025, up 40.6% from last year, and the median price per square foot was $214.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Port Tobacco
+40.6%
La Plata
+7.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2--
N/A
3$385.9K$418K
+8.3%
4$501.9K$687.2K
+36.9%
5$569.9K$785K
+37.7%

Summary: Port Tobacco housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +8.3%. The home price for 4 bedroom homes increased by +36.9%. The home price for 5 bedroom homes increased by +37.7%.

How does Port Tobacco, MD compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Port Tobacco, MD

Housing supply in Port Tobacco, MD

How many homes are available in Port Tobacco, MD?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
11Last MonthFeb 2025
82 months agoJan 2025
+37.5 %
Change MoMJan – Feb

Summary: The Port Tobacco real estate market had 11 homes for sale in Feb 2025, a 37.5 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthFeb 2025
02 months agoJan 2025
+100.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
200
0.0%
300
0.0%
457
+40.0%
534
+33.3%

Summary: Port Tobacco housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +40.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Port Tobacco, MD cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Port Tobacco, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Port Tobacco in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Port Tobacco, MD

How long does it take to sell a home in Port Tobacco, MD?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Port Tobacco are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 2 homes were sold in Port Tobacco; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
19 DaysThis YearFeb 2025
64 Days1 year agoFeb 2024
-70.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Port Tobacco had an average listing age of 19 days in Feb 2025, down by 70.5% compared to the previous year.

Newest Listings in Port Tobacco, MD

What homes are available in Port Tobacco, MD?

MLS Disclaimers and Copyright

Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025

IDX 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: 3/12/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.