Is Cordova, MD 21625 a buyer’s or seller’s market?

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

Cordova is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list66.6%Share of sales, last 3 months
Median sale-to-list102%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$374▲ +144.4% vs. last year

The Cordova housing market right now

In the three months ending August 31, 2026, 67% of homes in Cordova, MD 21625 sold above their list price, the typical home went under contract in 49 days and there were 5.3 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. 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 rose from 33%, homes sold faster (329 days then) and the median sale price rose 115% to $1,449,373. Overall, Cordova is more competitive than a year ago, so tougher for buyers.

Within Talbot County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 92%.

Nearby, buyers who want less competition could look at Wye Mills 21679 (0% sold over asking) or Wittman 21676 (0% sold over asking), while Mcdaniel 21647 (100% sold over asking) is even more competitive.

Nearby markets

Bozman 21612Buyer’s market $567 /sq ftClaiborne 21624Seller’s market $231 /sq ftEaston 21601Balanced $232 /sq ftMcdaniel 21647Buyer’s market $295 /sq ft Browse all markets →

Where Cordova is

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Questions about Cordova real estate

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

A balanced market: there were 5.3 months of supply in Cordova, MD 21625 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 Cordova?

The typical home went under contract in 49 days in the latest three months.

Do homes in Cordova sell over asking?

67% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.

What are property taxes in Cordova?

About 0.65% of a home’s value a year in Talbot County, or roughly $2,600 on a $400,000 home.

What is the median home price in Cordova?

The median sale price was $1,449,373 in the three months ending August 31, 2026, about $374 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