Is Royal Oak, MD 21662 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Royal Oak is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market

Sold above original list25%Share of sales, last 3 months

Median sale-to-list97.9%Sold price ÷ list price

Median days on market80Listing to accepted offer

Median price per sq ft$549▲ +42.6% vs. last year

Run the numbers for 21662

Prefilled for 21662Can I win this house?Multiple-offer likelihood for a listing Prefilled for 21662Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bozman 21612Buyer’s market $567 /sq ft Claiborne 21624Seller’s market $231 /sq ft Cordova 21625Balanced $374 /sq ft Easton 21601Balanced $232 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology