The story of this market
The typical home in Talbot County, Maryland sells for about $495,616, or $258 per square foot.
Prices are roughly flat from a year ago (-0.2%), a market in balance. Homes take about 89 days to sell, which is slow. Over the long run, values in this county have grown 153% since 2000. Last year 4 of 10 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,421 a month.
HUD sets the fair market rent for a 2-bedroom at $1,421 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
-1.5%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+23%). Worst: 2010 (-9.5%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.1%
MD · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,968
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
-1.5%
2025 change
FHFA repeat-sales index, median of 10 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
40
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $12,888,744.
Mortgage activity
Home lending in this county
77.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1947 | 1028 | 77.4% | 4.1% | $310,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Talbot County, Maryland
The Talbot County housing market is currently experiencing a period of price stabilization following years of rapid appreciation. High interest rates and limited inventory are keeping transaction volumes moderate, while the county's appeal as a coastal destination continues to support demand.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 7 cities · 13 ZIP reports
Median prices moved up 2.2% year over year.
Homes spend a median of 62 days on market with 0.1 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 99.67% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 7.2% — a stable, low-distress profile.
Deterministic aggregate of 11 researched ZIP reports of 13 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Talbot County, Maryland — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 6, 2026.
researched Sep 16
researched Sep 20
researched Sep 16
researched Sep 16
researched Sep 16
researched Sep 16
researched Oct 23
researched Sep 16
researched Sep 29
researched Sep 19
| 21601 | Easton | $412,000 | $220 | -3% | 104 | 98% | 18.3% | 2.3 | 154 | $1,262 | researched Sep 16 |
| 21612 | Bozman | $899,000 | $412 | +4.2% | 118 | 96.5% | 12% | 9.3 | 28 | $2,450 | researched Sep 20 |
| 21624 | Claiborne | $1,110,000 | $1,640 | -36.6% | 101 | — | — | — | 10 | $1,421 | researched Sep 16 |
| 21625 | Cordova | $469,000 | $170 | +17.3% | 67 | 98.5% | 11.1% | 0.6 | 9 | $1,540 | researched Sep 16 |
| 21627 | Crocheron | $425,000 | $215 | +2.4% | 48 | 98.5% | 15% | 3.2 | 12 | $1,850 | researched Sep 16 |
| 21634 | Fishing Creek | $425,000 | $215 | +2.4% | 48 | 98.2% | 18.5% | 4.2 | 112 | $1,850 | researched Sep 16 |
| 21647 | — | $980,000 | $335 | — | 41 | — | — | — | 4 | $1,420 | researched Oct 23 |
| 21654 | Oxford | $1,100,000 | $571 | 0% | 22 | 97.8% | — | — | 10 | $1,421 | researched Sep 16 |
| 21657 | Queen Anne | $333,900 | $205 | — | 151 | 95% | — | — | 569 | $1,047 | researched Sep 29 |
| 21663 | St. Michaels | $1,237,500 | $525 | +2.3% | 61 | 100% | — | — | 58 | $1,067 | researched Sep 19 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Talbot County maintains a lower crime rate compared to the Maryland state average, with property crime being the primary concern in rural areas. Reported trends remain stable, reflecting a typical profile for a mid-Atlantic coastal micropolitan area.
Talbot County Public Schools are characterized by high graduation rates, with the county frequently reporting some of the highest cohort graduation rates in Maryland. The district is noted for its focus on college and career readiness within a small-community setting.
The county faces significant flood risk due to its extensive Chesapeake Bay shoreline and low-lying topography, necessitating strict adherence to FEMA flood zone regulations. Insurance premiums are sensitive to these coastal exposures and wind-storm risks.
Economic momentum is driven by tourism, healthcare, and professional services, with the Easton business corridor serving as the primary hub. Infrastructure development is focused on maintaining rural character while supporting moderate commercial expansion.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
The economy is anchored by the healthcare sector, tourism, and professional services, with a significant portion of the workforce engaged in small business operations. The county serves as a regional economic center for the Mid-Shore area of Maryland.
Transportation is primarily served by U.S. Route 50, which acts as the main artery connecting the county to the Chesapeake Bay Bridge and the Baltimore-Washington corridor. Local transit is limited, relying heavily on private vehicle travel.
Assessments are conducted by the Maryland State Department of Assessments and Taxation, which performs triennial reassessments for all real property in the county.
The county is served by the Talbot County Public Schools district and various local utility commissions managing water and sewer infrastructure in incorporated towns.
Property insurance markets are stable but reflect higher premiums for waterfront properties due to flood and wind-storm exposure. Homeowners are encouraged to maintain flood insurance through the National Flood Insurance Program.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The county seat features a vibrant downtown with boutique shopping, fine dining, and the historic Avalon Theatre.
Located in St. Michaels, this world-class museum preserves the history of the Chesapeake Bay and is a major regional tourist anchor.
Offers extensive trails and wildlife viewing, highlighting the county's commitment to preserving its natural coastal environment.
Data retrieved from US Census Bureau and American Factbook.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Applies to residential parcels located within a development subject to a declaration of covenants or restrictions requiring mandatory membership in an association.
Imposes obligations on parcel owners to pay assessments, adhere to recorded covenants, and comply with association governance and disclosure requirements upon resale.
Real Property Article Title 11B.
Maryland utilizes a judicial-supervised process. Foreclosure actions cannot be filed until 90 days after a default. Homeowners have 30 days from the date of the Notice of Report of Sale to file exceptions to the sale.
Real Property Article § 7-105.1; Maryland Rules of Procedure.
Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates. The Homestead Property Tax Credit limits the annual increase in taxable assessment for owner-occupied residential property to a fixed percentage (set by local jurisdictions, typically 10% or less) of the prior year's assessment.
Tax-Property Article § 8-103; COMAR Title 18.
≈ $49,562/yr on a $495,616 median
applies when — Applies to the transfer of residential real property of one to four single-family units, excluding specific transfers such as initial sales of never-occupied property, foreclosure sales, or transfers by fiduciaries.
Sellers must provide either a disclosure statement detailing known latent defects or a disclaimer statement selling the property 'as is' without warranties.
Real Property Article § 10-702, Annotated Code of Maryland.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.