Is Little Orleans, MD 21766 a buyer’s or seller’s market?
Little Orleans is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Little Orleans housing market right now
In the three months ending August 31, 2026, 100% of homes in Little Orleans, MD 21766 sold above their list price, the typical home went under contract in 80 days and there were 16 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.
Within Allegany County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Rawlings 21557 (0% sold over asking) or Ellerslie 21529 (0% sold over asking).
Run the numbers for 21766
Nearby markets
Cumberland 21502Balanced $113 /sq ftEllerslie 21529Seller’s market $149 /sq ftFlintstone 21530Seller’s market $137 /sq ftFrostburg 21532Balanced $114 /sq ft Browse all markets →Where Little Orleans is
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Questions about Little Orleans real estate
Is Little Orleans a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Little Orleans, MD 21766 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 Little Orleans?
The typical home went under contract in 80 days in the latest three months.
Do homes in Little Orleans sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 105.7% of the list price.
What are property taxes in Little Orleans?
About 1.06% of a home’s value a year in Allegany County, or roughly $4,240 on a $400,000 home.
What is the median home price in Little Orleans?
The median sale price was $294,872 in the three months ending August 31, 2026, about $219 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