The story of this market
The typical home in Trappe, Maryland sells for about $378,000, or $189 per square foot.
Prices are down 16.07% from a year ago, which gives buyers more room to negotiate. Homes take about 9 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,330 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.
Trappe, Maryland
The Trappe housing market is characterized by low inventory and modest sales volume, with a median sale price of $378,000. Market activity is driven by a small base of single-family homes, and recent construction data indicates a slowdown in new residential permits. Data gaps exist for specific school and utility metrics due to the town's small size.
No ARED county foreclosure postings attributed to Trappe yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 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 1.2% year over year.
Homes spend a median of 59 days on market with 3.9 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.78% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 9.3% — a stable, low-distress profile.
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 major regional waterway providing scenic views and recreational access for the community.
A local green space serving as a central community gathering point for residents.
Trappe is well-suited for families and individuals seeking a small-town environment with a strong base of single-family homes, offering a more affordable alternative to larger Maryland markets.
Transportation in Trappe relies on local road networks, with limited public transit infrastructure available within the town limits.
Trappe offers access to local green spaces and proximity to the Choptank River, providing residents with regional outdoor recreational opportunities.
The rental market in Trappe is limited, with a median gross rent of $1,330 and a renter-occupied housing share of approximately 31.4%.
Trappe's economy is primarily residential with modest construction activity; the town serves as a small-scale community within the broader Talbot County economic region.
Residential construction activity in Trappe is modest, with 22 single-family units permitted in 2024, reflecting a slowdown in development pace compared to previous years.
Development in Trappe is currently focused on low-density, single-family residential projects.
Parcels in Trappe are subject to Talbot County tax and service districts.
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.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Bureau ACS 2024 profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.