Housing Market Trends Market Outlook

Eastern Shore sellers hesitant as the year closes. Sellers on the Maryland Eastern Shore held back in November 2025. New listings were down 10.5% compared to a year ago. Despite the pullback in November, inventory continues to increase. Active listings at the end of the month were up by 20.1% compared to a year ago.

Some buyers appear to be making a final push as mortgage rates in November 2025 were about a half a percentage point below the level in November 2024. New pending sales in the Eastern Shore market increased 4.7% yearover-year.

Closed sales meanwhile were lower than a year ago, down 3.8%. Year-to-date sales are tracking below 2024 levels. Only one county on the Eastern Shore, Caroline County (+3.2%), had more closed sales in 2025 through the end of November. 

The median of $405,000 for November 2025 was just 0.6% above last year, reflecting more inventory and softer 

Market Outlook
Maryland Eastern Shore

It’s been a rough market on the Eastern Shore with sales down compared to 2024. Looking ahead, 2026 is expected to bring more buyers out as mortgage rates dip further and economic uncertainty eases somewhat. The number of homes on the market will grow and continue to shift the balance. Buyers will have more time to look at homes and submit an offer in the year ahead.