Is Welcome, MD 20693 a buyer’s or seller’s market?
Welcome is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Welcome housing market right now
In the three months ending August 31, 2026, 100% of homes in Welcome, MD 20693 sold above their list price, the typical home went under contract in 41 days and there were 16 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 (81 days then) and the median sale price rose 6% to $504,782. Overall, Welcome is more competitive than a year ago, so tougher for buyers.
Within Charles County, homes here sell faster than in 84% of the county’s ZIP codes, 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 20693
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 Welcome nearby
Find towns like Welcome in other states →Where Welcome is
Loading map…
Questions about Welcome real estate
Is Welcome a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Welcome, MD 20693 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 Welcome?
The typical home went under contract in 41 days in the latest three months.
Do homes in Welcome sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 103.1% of the list price.
What are property taxes in Welcome?
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 Welcome?
The median sale price was $504,782 in the three months ending August 31, 2026, about $238 per square foot.
Local agents
See all agents in 20693 →No sponsored agents in 20693 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 20693
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology