Is Parsonsburg, MD 21849 a buyer’s or seller’s market?

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

Parsonsburg is a seller’s market. With about 3.2 months of supply and 31% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$213▼ −8.6% vs. last year

The Parsonsburg housing market right now

In the three months ending August 31, 2026, 31% of homes in Parsonsburg, MD 21849 sold above their list price, the typical home went under contract in 33 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (15 days then) and the median sale price rose 20% to $299,770. Overall, Parsonsburg is less competitive than a year ago, which gives buyers more room.

Within Wicomico County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 69%.

Nearby, buyers who want less competition could look at Tyaskin 21865 (0% sold over asking) or Sharptown 21861 (0% sold over asking), while Willards 21874 (50% sold over asking) and Mardela Springs 21837 (43% sold over asking) are even more competitive.

Nearby markets

Bivalve 21814 — /sq ftDelmar 21875Balanced $166 /sq ftEden 21822Seller’s market $189 /sq ftFruitland 21826Seller’s market $183 /sq ft Browse all markets →

Where Parsonsburg is

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Questions about Parsonsburg real estate

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

A seller’s market: there were 3.2 months of supply in Parsonsburg, MD 21849 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 Parsonsburg?

The typical home went under contract in 33 days in the latest three months.

Do homes in Parsonsburg sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.

What are property taxes in Parsonsburg?

About 0.85% of a home’s value a year in Wicomico County, or roughly $3,400 on a $400,000 home.

What is the median home price in Parsonsburg?

The median sale price was $299,770 in the three months ending August 31, 2026, about $213 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