Is Lonaconing, MD 21539 a buyer’s or seller’s market?
Lonaconing is a buyer’s market. With about 17.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lonaconing housing market right now
In the three months ending August 31, 2026, 0% of homes in Lonaconing, MD 21539 sold above their list price, the typical home went under contract in 27 days and there were 17.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold about as fast and the median sale price rose 106% to $349,849. Overall, Lonaconing is less competitive than a year ago, which gives buyers more room.
Within Garrett County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Westernport 21562 (60% sold over asking) and Barton 21521 (20% sold over asking) are even more competitive.
Run the numbers for 21539
Nearby markets
Accident 21520Seller’s market $236 /sq ftBarton 21521Seller’s market $119 /sq ftBloomington 21523 — /sq ftFriendsville 21531Buyer’s market $145 /sq ft Browse all markets →Towns like Lonaconing nearby
Find towns like Lonaconing in other states →Where Lonaconing is
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Questions about Lonaconing real estate
Is Lonaconing a buyer’s or seller’s market?
A buyer’s market: there were 17.1 months of supply in Lonaconing, MD 21539 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 Lonaconing?
The typical home went under contract in 27 days in the latest three months.
Do homes in Lonaconing sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 76.4% of the list price.
What are property taxes in Lonaconing?
About 0.78% of a home’s value a year in Garrett County, or roughly $3,120 on a $400,000 home.
What is the median home price in Lonaconing?
The median sale price was $349,849 in the three months ending August 31, 2026, about $214 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