Is Galena, MD 21635 a buyer’s or seller’s market?

The Galena housing market right now

In the three months ending August 31, 2026, 13% of homes in Galena, MD 21635 sold above their list price, the typical home went under contract in 61 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. With only 8 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 40%, homes sold more slowly (22 days then) and the median sale price rose 44% to $519,775. Overall, Galena is less competitive than a year ago, which gives buyers more room.

Within Kent County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%.

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) and Chestertown 21620 (21% sold over asking) are even more competitive.