The Eastern Shore Housing Market Report
Explore the data and trends powering the residential real estate market on Maryland’s Eastern Shore
MARKET REPORT
Key Insights
Explore key insights about the residential real estate market on Maryland’s Eastern Shore for the year ending 2024
AVERAGE DAYS ON MARKET
43 Days
The average days on market for detached single family homes on Maryland’s Eastern Shore
AVERAGE PRICE PER SQUARE FOOT
$263.69 Sq. Ft.
The average price per square foot for detached single family homes on Maryland’s Eastern Shore
AVERAGE SALE PRICE
$614,683
The average sale price of detached single family homes on Maryland’s Eastern Shore
THE HOMES COLLECTION
The Homes of Maryland’s Eastern Shore
Explore a curated collection of the most iconic homes on Maryland’s Eastern Shore
MARKET REPORT
The State of the Market
Among the most desirable waterfront communities in the United States, Maryland’s Eastern Shore benefits from its enviable location along the Chesapeake Bay.
Comprised of several small towns and coastal villages — including Easton, Maryland, Saint Michaels, Maryland, and Oxford, Maryland — Maryland’s Eastern Shore features a variety of housing styles.
Indeed, from sprawling waterfront estates along the Chester River to charming cottages and Victorian homes, Maryland’s Eastern Shore offers an abundance of opportunity.
The most expensive home sold on Maryland’s Eastern Shore for the year ending 2024 was a sprawling waterfront retreat in Trappe, Maryland. Known as Cecilia’s Point, the 14,000 square foot residence sits on a generous 114 acre home site along the Choptank River. Originally built in 2009, Cecilia’s Point boasts over 3,000 feet of protected shoreline. The home sold for $9.00 Million in January 2024.
“Maryland’s Eastern Shore is among the most desirable destinations in the Mid-Atlantic,” says Byron V. Hughey, Vice President at TTR Sotheby’s International Realty.
For those seeking to purchase a single family home on Maryland’s Eastern Shore, you can expect to pay an average of $263.69 per square foot and an average total sales price of $614,683. Detached single family homes on Maryland’s Eastern Shore typically sell in 43 days.
For those seeking a new construction homes on Maryland’s Eastern Shore, options are a popular option — with new construction representing 16% of all residential home sales. For the year ending 2024, the average sale price for a new construction detached single family home on Maryland’s Eastern Shore was $550,215, which is less than the average price for the same type of resale housing.
Among the most desirable communities in the Mid-Atlantic, raw land on Maryland’s Eastern Shore is readily available, with 336 recorded land sales recorded for the year ending 2024 and an average price per acre of $151,976.
Byron V. Hughey, Vice President at TTR Sotheby’s International Realty.
PARTNER INSIGHT
“Charming neighborhoods and proximity to some of the nation’s finest waterfront, Maryland’s Eastern Shore is a rare gem.”
— Byron V. Hughey
MARKET REPORT
The Top 10 Home Sales
Explore the top home sales on Maryland’s Eastern Shore for the year ending 2024 courtesy of Bright MLS
1). 27189 Island Creek Road
City: Trappe, MD
Bedrooms: 6.0 Bed
Bathrooms: 8.0 Bath
Square Footage: 15,000 Sq. Ft.
Price per Sq. Ft.: $616.67
Sale Price: $9,250,000
Sale Date: 01/31/24
2). 8588 Wheatlands Road
City: Easton, MD
Bedrooms: 7.0 Bed
Bathrooms: 7.0 Bath
Square Footage: 8,061 Sq. Ft.
Price per Sq. Ft.: $936.61
Sale Price: $7,550,000
Sale Date: 01/12/2024
3). 5808 Widgeon Point Lane
City: Oxford, MD
Bedrooms: 7.0 Bed
Bathrooms: 6.0 Bath
Square Footage: 5,558 Sq. Ft.
Price per Sq. Ft.: $1,169.49
Sale Price: $6,500,000
Sale Date: 05/28/2024
4). 27640 Villa Road
City: Easton, MD
Bedrooms: 7.0 Bed
Bathrooms: 7.0 Bath
Square Footage: 6,928 Sq. Ft.
Price per Sq. Ft.: $931.00
Sale Price: $6,450,000
Sale Date: 12/27/2024
5). 210 Blanco Road
City: Sudlersville, MD
Bedrooms: 7.0 Bed
Bathrooms: 9.0 Bath
Square Footage: 13,775 Sq. Ft.
Price per Sq. Ft.: $455.54
Sale Price: $6,275,000
Sale Date: 06/18/2024
6). 27856 Waverly Road
City: Easton, MD
Bedrooms: 7.0 Bed
Bathrooms: 7.0 Bath
Square Footage: 5,306 Sq. Ft.
Price per Sq. Ft.: $1,107.24
Sale Price: $5,875,000
Sale Date: 04/08/2024
7). 234 Perry's Retreat Boulevard
City: Grasonville, MD
Bedrooms: 4.0 Bed
Bathrooms: 6.0 Bath
Square Footage: 5,250 Sq. Ft.
Price per Sq. Ft.: $1,090.48
Sale Price: $5,725,000
Sale Date: 07/24/2024
8). 24679 Deep Neck Road
City: Royal Oak, MD
Bedrooms: 6.0 Bed
Bathrooms: 6.0 Bath
Square Footage: 5,500 Sq. Ft.
Price per Sq. Ft.: $771.98
Sale Price: $4,245,895
Sale Date: 12/04/2024
9). 5419 Morgans Point Drive
City: Oxford, MD
Bedrooms: 6.0 Bed
Bathrooms: 6.0 Bath
Square Footage: 6,635 Sq. Ft.
Price per Sq. Ft.: $617.94
Sale Price: $4,100,000
Sale Date: 12/04/2024
10). 26919 Miles River Road
City: Easton, MD
Bedrooms: 5.0 Bed
Bathrooms: 6.0 Bath
Square Footage: 4,526 Sq. Ft.
Price per Sq. Ft.: $883.56
Sale Price: $3,999,000
Sale Date: 12/20/2024
THE RAPPAHANNOCK RIVER COMPANY
Find a Trusted Design Professional on Maryland’s Eastern Shore
Discover the very best Residential Architects, Custom Home Builders, Interior Designers, and Landscape Architects on Maryland’s Eastern Shore, including members of our Partner Network
Maxmore Creek Colonial of Easton, Maryland. Image courtesy of Keyanna Bowen, East & Lane.
Maxmore Creek Colonial of Easton, Maryland. Image courtesy of Keyanna Bowen, East & Lane.
STEVENSVILLE, MARYLAND
Julia Longchamps Design
Julia Longchamps Design is a Interior Design Firm in Stevensville, Maryland
Chestertown Modern of Chestertown, Maryland. Image courtesy of Durston Saylor.
CHESTERTOWN, MARYLAND
South Fork Studio
South Fork Studio is a Landscape Architecture Firm in Chestertown, Maryland
MARKET REPORT
Frequently Asked Questions
Browse frequently asked questions about our industry research, data, and reporting methodologies
HOW DO I GET ACCESS TO YOUR INDUSTRY RESEARCH?
Raw market data is available for free to members of our Partner Network. Additionally, you may purchase individual reports for a one time fee of $99.95.
WHAT KIND OF DATA IS INCLUDED IN YOUR INDUSTRY RESEARCH?
Industry research and reports include a variety of data, including anecdotes regarding the business of new home construction from industry professionals, as well as a complete list and data set of all new construction homes in the market.
WHAT MARKETS COMPRISE MARYLAND’S EASTERN SHORE?
For the purpose of this Market Report, Maryland’s Eastern Shore comprises the following counties: Queen Anne’s County, Maryland; Talbot County, Maryland; Kent County, Maryland; and Dorchester County, Maryland.
HOW DO I SPONSOR YOUR INDUSTRY REPORTS?
Market data and research may be sponsored upon request by qualified design professionals. To learn more, please contact partners@rappahannock.co.
WHAT CRITERIA IS USED TO ACQUIRE DATA FOR THE REPORT?
Sales data is acquired from closed sales records as published in Bright MLS. In addition, the report focuses only on single family homes — specifically those marked as fee simple transactions.
HOW DO YOU ACQUIRE DATA FOR YOUR REPORTS?
Data for our reports is acquired through a combination of public, private, and panel-based sources. For editorial content and insights, we survey residential architects, interior designers, landscape architects, and custom home builders with experience in the subject market.
HOW DO YOU DETERMINE YOUR KEY INSIGHTS ABOUT THE MARKET?
Key Insights focus on a specific segment of the housing market, specifically those that are single family homes, detached, and and designated as fee simple.
MARKET REPORT
Download the Complete Data Set
Learn more about the Easton, Maryland housing market. Download a CSV of complete sales data for only $99.95.