Is Chestertown, MD 21620 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chestertown is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score41/ 100

More competitive than 41% of U.S. ZIP codes, and #209 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

Months of supply4.4Under 4 months = seller’s market
Sold above original list21.1%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$228▲ +1.9% vs. last year

The Chestertown housing market right now

In the three months ending August 31, 2026, 21% of homes in Chestertown, MD 21620 sold above their list price, the typical home went under contract in 48 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 54 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (50 days then) and the median sale price fell 1% to $354,597. Overall, Chestertown is about as competitive as it was a year ago.

Within Kent County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Chestertown ranks #209 of 241 MD ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Massey 21650 (0% sold over asking) or Kennedyville 21645 (0% sold over asking), while Still Pond 21667 (100% sold over asking) is even more competitive.

Nearby markets

Betterton 21610Buyer’s market $248 /sq ftGalena 21635Balanced $258 /sq ftKennedyville 21645Balanced $180 /sq ftMassey 21650 $217 /sq ft Browse all markets →

Where Chestertown is

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Questions about Chestertown real estate

Is Chestertown a buyer’s or seller’s market?

A balanced market: there were 4.4 months of supply in Chestertown, MD 21620 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 Chestertown?

The typical home went under contract in 48 days in the latest three months.

Do homes in Chestertown sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Chestertown?

About 0.91% of a home’s value a year in Kent County, or roughly $3,640 on a $400,000 home.

What is the median home price in Chestertown?

The median sale price was $354,597 in the three months ending August 31, 2026, about $228 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