Is Mcdaniel, MD 21647 a buyer’s or seller’s market?
Mcdaniel is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mcdaniel housing market right now
In the three months ending August 31, 2026, 100% of homes in Mcdaniel, MD 21647 sold above their list price, the typical home went under contract in 8 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (100% then), homes sold more slowly (2 days then) and the median sale price rose 264% to $513,778. Overall, Mcdaniel is about as competitive as it was a year ago.
Within Talbot County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Wye Mills 21679 (0% sold over asking) or Wittman 21676 (0% sold over asking).
Run the numbers for 21647
Nearby markets
Bozman 21612Buyer’s market $567 /sq ftClaiborne 21624Seller’s market $231 /sq ftCordova 21625Balanced $374 /sq ftEaston 21601Balanced $232 /sq ft Browse all markets →Where Mcdaniel is
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Questions about Mcdaniel real estate
Is Mcdaniel a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Mcdaniel, MD 21647 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 Mcdaniel?
The typical home went under contract in 8 days in the latest three months.
Do homes in Mcdaniel sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 103.0% of the list price.
What are property taxes in Mcdaniel?
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 Mcdaniel?
The median sale price was $513,778 in the three months ending August 31, 2026, about $295 per square foot.
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More tools for 21647
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology