Is Hancock, MD 21750 a buyer’s or seller’s market?

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

Hancock is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$166▼ −22.9% vs. last year

The Hancock housing market right now

In the three months ending August 31, 2026, 38% of homes in Hancock, MD 21750 sold above their list price, the typical home went under contract in 80 days and there were 4.8 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 rose from 20%, homes sold more slowly (20 days then) and the median sale price fell 30% to $208,607. Overall, Hancock is about as competitive as it was a year ago.

Within Washington County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 69%.

Nearby, buyers who want less competition could look at Rohrersville 21779 (0% sold over asking) or Funkstown 21734 (0% sold over asking), while Keedysville 21756 (57% sold over asking) and Cascade 21719 (50% sold over asking) are even more competitive.

Nearby markets

Big Pool 21711 — /sq ftBoonsboro 21713Seller’s market $207 /sq ftCascade 21719Buyer’s market $150 /sq ftClear Spring 21722Seller’s market $195 /sq ft Browse all markets →

Where Hancock is

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Questions about Hancock real estate

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

A balanced market: there were 4.8 months of supply in Hancock, MD 21750 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 Hancock?

The typical home went under contract in 80 days in the latest three months.

Do homes in Hancock sell over asking?

38% 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 Hancock?

About 0.84% of a home’s value a year in Washington County, or roughly $3,360 on a $400,000 home.

What is the median home price in Hancock?

The median sale price was $208,607 in the three months ending August 31, 2026, about $166 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