Is Great Mills, MD 20634 a buyer’s or seller’s market?
Great Mills is a seller’s market. With about 3.3 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 64% of U.S. ZIP codes, and #140 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Great Mills housing market right now
In the three months ending August 31, 2026, 32% of homes in Great Mills, MD 20634 sold above their list price, the typical home went under contract in 33 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (23 days then) and the median sale price fell 7% to $347,350. Overall, Great Mills is less competitive than a year ago, which gives buyers more room.
Within St. Mary's County, homes here sell faster than in 65% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Great Mills ranks #140 of 241 MD ZIP codes with enough sales (score 61 out of 100).
Nearby, buyers who want less competition could look at Valley Lee 20692 (0% sold over asking) or Coltons Point 20626 (0% sold over asking), while Abell 20606 (100% sold over asking) and Callaway 20620 (100% sold over asking) are even more competitive.
Run the numbers for 20634
Nearby markets
Abell 20606Buyer’s market $164 /sq ftAvenue 20609Balanced $277 /sq ftBushwood 20618Seller’s market $290 /sq ftCalifornia 20619Seller’s market $212 /sq ft Browse all markets →Towns like Great Mills nearby
Find towns like Great Mills in other states →Where Great Mills is
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Questions about Great Mills real estate
Is Great Mills a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Great Mills, MD 20634 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 Great Mills?
The typical home went under contract in 33 days in the latest three months.
Do homes in Great Mills sell over asking?
32% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Great Mills?
About 0.84% of a home’s value a year in St. Mary's County, or roughly $3,360 on a $400,000 home.
What is the median home price in Great Mills?
The median sale price was $347,350 in the three months ending August 31, 2026, about $176 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology