Call or Text (240) SELL-123

OAKLAND, MD 21550

Real Estate Market Report  ·  Garrett County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
86
⇧ 10.3% vs 78 last year
Pending
14
16% pending ratio
Median Price
$529,900
⇩ 4.9% vs $557,000 last year
Average Price
$836,931
⇧ 3.1% vs $811,812 last year
Days on Market
116
⇧ 13.7% vs 102 days last year

Market Context

Population: 13,640  ·  Density: 25.6/mi²  ·  Median household income: $61,824

Typical home value: $206,509  ·  Homeownership: 78.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The OAKLAND, MD real estate market (21550) currently shows 86 active listings, with 14 pending sales. Homes are averaging 116 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 116 days on market compared to 102 days last year.

The median listing price has fallen 4.9% year-over-year, from $557,000 to $529,900.

Whether you are buying or selling in OAKLAND, MD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for OAKLAND, MD 21550 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 78 last year
  • Days on market: 116 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $529,900 (-4.9% YoY)
  • Average: $836,931 (+3.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.3 miles — 176 listings ($96,166,237 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
21550Oakland, MD 215500.0 mi86$71,976,066$529,900$836,931
26764Terra Alta, WV 267649.9 mi23$5,915,485$299,900$257,195
26716Eglon, WV 2671611.1 mi1$2,900$2,900$2,900
26717Elk Garden, WV 2671711.9 mi1$749,900$749,900$749,900
26739Mount Storm, WV 2673913.9 mi5$2,219,400$469,500$443,880
26519Albright, WV 2651917.0 mi6$1,136,850$120,000$189,475
21523Bloomington, MD 2152317.7 mi2$110,000$55,000$55,000
26743New Creek, WV 2674318.1 mi2$1,392,500$696,250$696,250
26537Kingwood, WV 2653718.3 mi14$3,532,312$177,500$252,308
26444Tunnelton, WV 2644419.9 mi2$710,000$355,000$355,000
21521Barton, MD 2152121.3 mi1$1,500,000$1,500,000$1,500,000
26726Keyser, WV 2672621.8 mi26$5,387,824$165,000$207,224
26287Parsons, WV 2628722.3 mi7$1,533,000$160,000$219,000

Frequently Asked Questions

How many homes are for sale in OAKLAND, MD 21550?

As of January 2026, there are 86 active listings in OAKLAND, MD (zip code 21550), compared to 78 the prior year.

What is the median home price in OAKLAND, MD 21550?

The median listing price in OAKLAND, MD 21550 is $529,900 as of January 2026, a 4.9% decrease from $557,000 the prior year.

How long do homes stay on the market in OAKLAND, MD?

Homes in OAKLAND, MD 21550 spend an average of 116 days on the market before going under contract, compared to 102 days the prior year.

Is it a seller's or buyer's market in OAKLAND, MD 21550?

Based on current inventory and days-on-market data as of January 2026, OAKLAND, MD 21550 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 116 days on market compared to 102 days last year.

How much can I save on real estate commission in OAKLAND, MD?

With SELL123.com's maximum 3% commission, sellers in OAKLAND, MD 21550 save an estimated $10,598 compared to a typical 5% commission on the median listing price of $529,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.