Is Port Tobacco, MD 20677 a buyer’s or seller’s market?
Port Tobacco is a seller’s market. With about 2.9 months of supply and 30% 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.
The Port Tobacco housing market right now
In the three months ending August 31, 2026, 30% of homes in Port Tobacco, MD 20677 sold above their list price, the typical home went under contract in 72 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold more slowly (53 days then) and the median sale price rose 21% to $708,693. Overall, Port Tobacco is more competitive than a year ago, so tougher for buyers.
Within Charles County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell less often over asking than in 53%.
Nearby, buyers who want less competition could look at Pomfret 20675 (0% sold over asking) or Cobb Island 20625 (0% sold over asking), while Benedict 20612 (100% sold over asking) and Welcome 20693 (100% sold over asking) are even more competitive.
Run the numbers for 20677
Nearby markets
Bel Alton 20611Seller’s market $186 /sq ftBenedict 20612Buyer’s market $286 /sq ftBryans Road 20616Seller’s market $200 /sq ftBryantown 20617Seller’s market $210 /sq ft Browse all markets →Towns like Port Tobacco nearby
Find towns like Port Tobacco in other states →Where Port Tobacco is
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Questions about Port Tobacco real estate
Is Port Tobacco a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Port Tobacco, MD 20677 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 Port Tobacco?
The typical home went under contract in 72 days in the latest three months.
Do homes in Port Tobacco sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Port Tobacco?
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 Port Tobacco?
The median sale price was $708,693 in the three months ending August 31, 2026, about $204 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