Is Pittsville, MD 21850 a buyer’s or seller’s market?

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

Pittsville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$223▲ +30.5% vs. last year

The Pittsville housing market right now

In the three months ending August 31, 2026, 22% of homes in Pittsville, MD 21850 sold above their list price, the typical home went under contract in 48 days and there were 5.3 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 9 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 0%, homes sold more slowly (39 days then) and the median sale price fell 18% to $292,873. Overall, Pittsville is more competitive than a year ago, so tougher for buyers.

Within Wicomico County, homes here sell faster than in 62% of the county’s ZIP codes, and sell less often over asking than in 54%.

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 Pittsville is

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Questions about Pittsville real estate

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

A balanced market: there were 5.3 months of supply in Pittsville, MD 21850 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 Pittsville?

The typical home went under contract in 48 days in the latest three months.

Do homes in Pittsville sell over asking?

22% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Pittsville?

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 Pittsville?

The median sale price was $292,873 in the three months ending August 31, 2026, about $223 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