Is Ellerslie, MD 21529 a buyer’s or seller’s market?
Ellerslie is a seller’s market. With about 3.2 months of supply and 0% 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 Ellerslie housing market right now
In the three months ending August 31, 2026, 0% of homes in Ellerslie, MD 21529 sold above their list price, the typical home went under contract in 71 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Allegany County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Little Orleans 21766 (100% sold over asking) and Mount Savage 21545 (50% sold over asking) are even more competitive.
Run the numbers for 21529
Nearby markets
Cumberland 21502Balanced $113 /sq ftFlintstone 21530Seller’s market $137 /sq ftFrostburg 21532Balanced $114 /sq ftLittle Orleans 21766Buyer’s market $219 /sq ft Browse all markets →Where Ellerslie is
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Questions about Ellerslie real estate
Is Ellerslie a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ellerslie, MD 21529 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 Ellerslie?
The typical home went under contract in 71 days in the latest three months.
Do homes in Ellerslie sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Ellerslie?
About 1.06% of a home’s value a year in Allegany County, or roughly $4,240 on a $400,000 home.
What is the median home price in Ellerslie?
The median sale price was $389,831 in the three months ending August 31, 2026, about $149 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