Is Marion Station, MD 21838 a buyer’s or seller’s market?

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

Marion Station is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$193▲ +16.5% vs. last year

The Marion Station housing market right now

In the three months ending August 31, 2026, 0% of homes in Marion Station, MD 21838 sold above their list price, the typical home went under contract in 36 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, 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 (0% then), homes sold faster (86 days then) and the median sale price fell 1% to $362,343. Overall, Marion Station is more competitive than a year ago, so tougher for buyers.

Within Somerset County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Princess Anne 21853 (15% sold over asking) and Deal Island 21821 (14% sold over asking) are even more competitive.

Nearby markets

Crisfield 21817Buyer’s market $112 /sq ftDeal Island 21821Balanced $152 /sq ftEwell 21824Seller’s market $105 /sq ftPrincess Anne 21853Balanced $187 /sq ft Browse all markets →

Where Marion Station is

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Questions about Marion Station real estate

Is Marion Station a buyer’s or seller’s market?

A buyer’s market: there were 7.2 months of supply in Marion Station, MD 21838 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 Marion Station?

The typical home went under contract in 36 days in the latest three months.

Do homes in Marion Station sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Marion Station?

About 0.92% of a home’s value a year in Somerset County, or roughly $3,680 on a $400,000 home.

What is the median home price in Marion Station?

The median sale price was $362,343 in the three months ending August 31, 2026, about $193 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