Is Benedict, MD 20612 a buyer’s or seller’s market?
Benedict is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Benedict housing market right now
In the three months ending August 31, 2026, 100% of homes in Benedict, MD 20612 sold above their list price, the typical home went under contract in 18 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (40 days then) and the median sale price rose 66% to $439,810. Overall, Benedict is more competitive than a year ago, so tougher for buyers.
Within Charles County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 95%.
Nearby, buyers who want less competition could look at Pomfret 20675 (0% sold over asking) or Cobb Island 20625 (0% sold over asking).
Run the numbers for 20612
Nearby markets
Bel Alton 20611Seller’s market $186 /sq ftBryans Road 20616Seller’s market $200 /sq ftBryantown 20617Seller’s market $210 /sq ftCharlotte Hall 20622Seller’s market $180 /sq ft Browse all markets →Where Benedict is
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Questions about Benedict real estate
Is Benedict a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Benedict, MD 20612 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Benedict?
The typical home went under contract in 18 days in the latest three months.
Do homes in Benedict sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Benedict?
About 1.01% of a home’s value a year in Charles County, or roughly $4,040 on a $400,000 home.
What is the median home price in Benedict?
The median sale price was $439,810 in the three months ending August 31, 2026, about $286 per square foot.
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More tools for 20612
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology