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OAKLAND, MD 21550

Real Estate Market Report  ·  Garrett County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The OAKLAND, MD real estate market (21550) currently shows 122 active listings, with 33 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 74 days on market compared to 66 days last year.

The median listing price has fallen 23% year-over-year, from $529,475 to $407,475.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
122
⇩ 11.6% vs 138 last year
Pending
33
27% pending ratio
Median Price
$407,475
⇩ 23% vs $529,475 last year
Average Price
$728,292
⇩ 3% vs $750,594 last year
Days on Market
74
⇧ 12.1% vs 66 days last year

Price Per Square Foot

Median $/sqft
$279
⇩ 8.5% vs $305/sqft last year
Median Home Size
1,924 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 122 this year vs 138 last year
  • Days on market: 74 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $407,475 (-23% YoY)
  • Average: $728,292 (-3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.5 miles — 275 listings ($191,250,973 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
21550Oakland, MD 215500.0 mi89$72,286,601$440,000$812,209
26764Terra Alta, WV 267649.9 mi21$5,066,439$245,000$241,259
21541McHenry, MD 2154111.6 mi69$56,265,912$763,000$815,448
21561Swanton, MD 2156112.4 mi26$26,064,818$595,000$1,002,493
26425Rowlesburg, WV 2642516.7 mi1$130,000$130,000$130,000
21520Accident, MD 2152017.5 mi4$5,344,332$1,074,250$1,336,083
21531Friendsville, MD 2153117.9 mi2$658,000$329,000$329,000
26292Thomas, WV 2629218.1 mi8$2,439,904$260,000$304,988
21562Westernport, MD 2156219.7 mi5$551,025$111,200$110,205
26260Davis, WV 2626020.9 mi28$13,201,580$306,000$471,485
21536Grantsville, MD 2153621.8 mi7$3,809,316$549,900$544,188
26525Bruceton Mills, WV 2652521.9 mi11$4,589,178$332,875$417,198
26269Hambleton, WV 2626922.5 mi4$843,868$184,900$210,967

Frequently Asked Questions

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

As of June 2026, there are 122 active listings in OAKLAND, MD (zip code 21550), compared to 138 the prior year.

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

The median listing price in OAKLAND, MD 21550 is $407,475 as of June 2026, a 23% decrease from $529,475 the prior year.

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

Homes in OAKLAND, MD 21550 spend an average of 74 days on the market before going under contract, compared to 66 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 June 2026, OAKLAND, MD 21550 is currently a Balanced Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 74 days on market compared to 66 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 $8,150 compared to a typical 5% commission on the median listing price of $407,475. 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.