Maryland REALTORS® Online

October 2025 Housing Stats

by Jacky Mueck Housing Stats 0 0 Comment 168

Maryland Home Sales Drop 5.3% as
Affordability Crisis Fuels Out-Migration
State sees rising inventory but persistent price pressure.

ANNAPOLIS, MD — November 17, 2025 — Maryland home sales fell 5.3 percent in October, with 5,707 homes sold compared to 6,024 a year earlier, according to the latest Maryland REALTORS® Housing Statistics. Even as sales declined, prices continued to rise: the average sales price increased 3.0 percent to $520,398, and the median price increased 2.9 percent to $437,500.

The market also showed early signs of loosening. Homes spent 17 days on market, up from 13 days in October 2024, and months of inventory held at 2.7, suggesting supply may be beginning to climb off historic lows.

“Maryland’s housing market remains difficult for many families, especially those searching for something affordable,” said Denise Lewis, 2026 President of Maryland REALTORS®. “We’re now seeing younger residents and middle-income households leave the state for more attainable options elsewhere. It raises a real question: how much out-migration will it take before local governments seriously address restrictive land-use and zoning policies?”

Lewis pointed to findings in the Maryland Comptroller’s Housing Report, which notes that an average of 40,000 residents leave the state each year. Maryland REALTORS®’ State of Housing Survey of Maryland Voters similarly found that 42 percent of younger renters are considering leaving because of high housing costs.

“We need state and local governments working together to expand housing options for Marylanders,” Lewis said. “The time for action is now — Maryland should continue to be known as the Free State, not the NIMBY State.”