Is Trappe, MD 21673 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Trappe is a seller’s market. With about 2.3 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score22/ 100

More competitive than 16% of U.S. ZIP codes, and #230 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

Months of supply2.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$205▲ +9.5% vs. last year

The Trappe housing market right now

In the three months ending August 31, 2026, 0% of homes in Trappe, MD 21673 sold above their list price, the typical home went under contract in 67 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (115 days then) and the median sale price fell 17% to $384,833. Overall, Trappe is more competitive than a year ago, so tougher for buyers.

Within Talbot County, homes here sell faster than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Trappe ranks #230 of 241 MD ZIP codes with enough sales (score 22 out of 100).

Nearby, Mcdaniel 21647 (100% sold over asking) and Cordova 21625 (67% sold over asking) are even more competitive.

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 Trappe is

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Questions about Trappe real estate

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

A seller’s market: there were 2.3 months of supply in Trappe, MD 21673 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 Trappe?

The typical home went under contract in 67 days in the latest three months.

Do homes in Trappe sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Trappe?

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 Trappe?

The median sale price was $384,833 in the three months ending August 31, 2026, about $205 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