Is Grasonville, MD 21638 a buyer’s or seller’s market?
Grasonville is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #225 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
The Grasonville housing market right now
In the three months ending August 31, 2026, 14% of homes in Grasonville, MD 21638 sold above their list price, the typical home went under contract in 53 days and there were 4.5 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 29 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold more slowly (27 days then) and the median sale price rose 19% to $682,455. Overall, Grasonville is less competitive than a year ago, which gives buyers more room.
Within Queen Anne's County, homes here sell faster than in 70% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Grasonville ranks #225 of 241 MD ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at Marydel 21649 (0% sold over asking) or Crumpton 21628 (0% sold over asking), while Ingleside 21644 (100% sold over asking) and Queen Anne 21657 (33% sold over asking) are even more competitive.
Run the numbers for 21638
Nearby markets
Centreville 21617Seller’s market $218 /sq ftChester 21619Balanced $297 /sq ftChurch Hill 21623Balanced $183 /sq ftCrumpton 21628Balanced $266 /sq ft Browse all markets →Towns like Grasonville nearby
Find towns like Grasonville in other states →Where Grasonville is
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Questions about Grasonville real estate
Is Grasonville a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Grasonville, MD 21638 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 Grasonville?
The typical home went under contract in 53 days in the latest three months.
Do homes in Grasonville sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Grasonville?
About 0.78% of a home’s value a year in Queen Anne's County, or roughly $3,120 on a $400,000 home.
What is the median home price in Grasonville?
The median sale price was $682,455 in the three months ending August 31, 2026, about $298 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