Is Ridgely, MD 21660 a buyer’s or seller’s market?

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

Ridgely is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score30/ 100

More competitive than 26% of U.S. ZIP codes, and #225 of 240 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 July 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list7.1%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market68Listing to accepted offer
Median price per sq ft$255▲ +41.3% vs. last year

The Ridgely housing market right now

In the three months ending August 31, 2026, 7% of homes in Ridgely, MD 21660 sold above their list price, the typical home went under contract in 68 days and there were 4.6 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 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (92 days then) and the median sale price rose 43% to $387,332. Overall, Ridgely is more competitive than a year ago, so tougher for buyers.

Within Caroline County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 83%.

Nearby, buyers who want less competition could look at Henderson 21640 (0% sold over asking), while Goldsboro 21636 (75% sold over asking) and Preston 21655 (30% sold over asking) are even more competitive.

Nearby markets

Denton 21629Balanced $188 /sq ftFederalsburg 21632Balanced $184 /sq ftGoldsboro 21636Seller’s market $263 /sq ftGreensboro 21639Balanced $179 /sq ft Browse all markets →

Where Ridgely is

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Questions about Ridgely real estate

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

A balanced market: there were 4.6 months of supply in Ridgely, MD 21660 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 Ridgely?

The typical home went under contract in 68 days in the latest three months.

Do homes in Ridgely sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Ridgely?

About 0.90% of a home’s value a year in Caroline County, or roughly $3,600 on a $400,000 home.

What is the median home price in Ridgely?

The median sale price was $387,332 in the three months ending August 31, 2026, about $255 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