Talbot's Median Home Price Fell 15.5% in October as Sales Slowed and Listings Climbed

EASTON, MARYLAND — The typical Talbot County home sold in October went for an estimated $477,450, down 15.5% from $565,000 a year earlier, according to monthly housing figures from Maryland REALTORS, the statewide real estate trade group, based on Bright MLS data. The group estimates county medians because Bright does not provide that level of detail.

Fewer homes changed hands. Forty sold in October, compared with 49 in October 2025, a drop of 18.4%. The average sale price fell 16.9%, to $684,106 from $822,884.

Buyers had more to choose from. Active listings rose to 273 from 247, and new listings rose to 72 from 58. The report puts Talbot's supply at 5.5 months of inventory, up from 5.2 a year earlier; the group calculates that figure from current active listings and the average monthly sales over the past 12 months. Homes under contract fell to 46 from 58, and the median time on market was 28 days, up from 16.

The October numbers follow the group's September report, which put Talbot's estimated median at $640,000, up 20.8% from a year earlier.

Source: Maryland REALTORS, October 2026 housing statistics (Bright MLS data).

Statewide, Maryland sales fell 16.5%, to 4,785, and the median sale price slipped 1.7%, to $430,000.

Elsewhere on the Eastern Shore, Queen Anne's estimated median rose 1.8%, to $555,000; Kent's rose 9%, to $395,000; Caroline's rose 7.5%, to $287,495; and Dorchester's fell 2.4%, to $279,000.