The story of this market
The typical home in Crisfield, Maryland sells for about $209,500, or $116 per square foot.
Prices are down 32.4% from a year ago, which gives buyers more room to negotiate. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $725 a month.
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.
Crisfield, Maryland
The Crisfield housing market is currently experiencing significant downward pressure on prices, with a year-over-year decline of over 30%. High vacancy rates and environmental risks associated with its coastal location contribute to a cautious outlook for investors. Market activity remains low, reflecting the city's status as a niche, affordable maritime community.
No ARED county foreclosure postings attributed to Crisfield yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price diverges 19.0% from the nearest retained anchor (published ten-year series (2026)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Deterministic aggregate of 1 researched ZIP reports — 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.
Median prices moved up 0.7% year over year.
Homes spend a median of 64 days on market with 4.2 months of supply — a balanced-paced market.
16% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 20.5% — a mixed stability profile.
- Janes Island State Park4.71.9 mi
- Guard Shore Beach4.413.4 mi
- Somerset County Recreation and Parks4.512.9 mi
- Tangier History Museum4.613.2 mi
- NASA's Wallops Flight Facility Visitor Center4.621.8 mi
- Delmarva Discovery Museum4.716.7 mi
- Eastern Shore Railway Museum4.517.6 mi
- Tangier History Museum4.613.2 mi
- Turner Sculpture4.622.9 mi
- Guard Shore Beach4.413.4 mi
- Somerset County Recreation and Parks4.512.9 mi
- Saxis Wildlife Management Area4.511.2 mi
- Somers Cove Marina4.60.4 mi
- Crisfield City Dock4.60.7 mi
- Onancock Wharf & Marina4.719.5 mi
- Cedar Hill Marina4.622.7 mi
- Great Hope Golf Course4.611.7 mi
- Linton's Seafood4.32.4 mi
- Ocean Highway Seafood & Productions4.615.8 mi
- Salisbury Regional Airport4.330.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A central hub for the city's maritime activities, providing access to the Chesapeake Bay and ferry services to Smith Island.
Preserves the history of the region's seafood industry and local culture, serving as a key educational and tourist attraction.
Crisfield is best suited for retirees, budget-conscious buyers, and those seeking a quiet, maritime-focused lifestyle. It is less ideal for commuters due to its remote location on the Eastern Shore, but it offers significant affordability for those who can work remotely or are employed in local industries.
The city is accessible primarily by road via Maryland Route 413, which connects to the broader Eastern Shore highway network. Public transit options are minimal, making personal vehicle ownership essential for most residents.
Crisfield is known as the 'Crab Capital of the World,' offering extensive access to Chesapeake Bay fishing, boating, and water-based recreation. The city features local parks and serves as a gateway to Smith Island via ferry services.
The rental market is characterized by low-cost, older housing stock with limited new inventory. Vacancy rates are elevated, and the market is primarily driven by local workforce needs rather than short-term vacation rentals.
The local economy is anchored by the seafood and maritime industries, with a focus on crabbing and fishing. Economic growth is modest, with limited diversification into other sectors.
Economic momentum is limited, with the city serving as a historic hub for the seafood industry. Infrastructure development is focused on coastal resilience and maintaining the city's maritime heritage rather than large-scale corporate expansion.
Parcels are subject to Somerset County and City of Crisfield property tax levies, with potential additional assessments for local utility or special service districts.
Crisfield is a low-lying coastal city on the Chesapeake Bay, making it highly susceptible to tidal flooding, storm surges, and sea-level rise. Property insurance in this region is heavily influenced by these environmental risks, often requiring specialized flood coverage.
Property insurance premiums are high due to the city's location in a high-risk flood zone. Market health is sensitive to federal flood insurance program changes and regional climate risk assessments.
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.
Data retrieved from US Census Bureau ACS 2024 5-year estimates via Maryland Department of Planning.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.