Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$484,929−0.1% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 13% have cut their price
Income needed to buy, per year$105,123About 1.2× the local median income ($87,121): a stretch for a typical household
Days on market73 daysFaster than a year ago: sellers have the edge
The typical home in Talbot County, MD is worth $484,929, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $503,913, so the area is 3.8% undervalued. It is a balanced market, leaning toward buyers: homes take about 73 days to sell, listings are up 6% from a year ago, 13% of listings have had a price cut. A household needs about $105,123 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,121. Typical rent is $2,184 a month. In the latest IRS figures, 100 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$484,929
Change in 1 year
−0.1%
Overvalued %
−3.8%
Show 6 more
Fair home value
$503,913
Change in 5 years
+16.9%
Home value to income
5.6×
Monthly mortgage payment (20% down)
$2,628
Income needed to afford it
$105,123
Property tax rate
0.65%
Rent and investing
Typical rent
$2,184
Price-to-rent ratio
18.5×
HUD Fair Market Rent, 2 bedrooms
$1,421
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Gross rental yield
5.40%
Cap rate (estimate)
3.51%
Market activity
Listings vs a year ago
+6.3%
Days on market
73
Listings with a price cut
13.2%
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Homes for sale
254
Pending sales per 100 listings
28
Asking price per sq ft
$260
People and jobs
Median household income
$87,121
Population change (1 year)
−0.1%
Unemployment rate
4.3%
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Population
38,238
Income adjusted for cost of living
$93,477
Net moves in (IRS)
+100
Cost of living (US = 100)
93.2
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
42.4
Flood risk score
70.6
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Wildfire risk score
71.2
Walkability (1 to 20)
7.1
Road, rail and air noise
54 dB
Questions people ask
Is Talbot County, MD overvalued?
Home prices in Talbot County, MD are slightly below what local incomes have historically supported: fair value is about $503,913, so the area is 3.8% undervalued.
Is Talbot County, MD a buyer's or seller's market?
Talbot County, MD is a balanced market, leaning toward buyers: homes take about 73 days to sell, listings are up 6% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Talbot County, MD?
Home values in Talbot County, MD are down 0.1% over the last year.
How much do you need to earn to buy a home in Talbot County, MD?
A household needs about $105,123 a year to afford the typical home in Talbot County, MD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,121.