Housing in Melwood, MD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$365,000

Median List Price

$519,000

Price Per Sq Ft

$305

Days on Market

39

Active Inventory

7

Months of Supply

7.0

Buyer's market

Price Trends

Source: Redfin
Sale Price 21.5%List Price 4.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Pending Sales

2

Homes Sold 66.7%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$305

Median List $/SF

$314

Sale $/SF 6.3%List $/SF 43.4%Mar 24Jan 26

Melwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Melwood is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$430,700

Median Rent

$1,277

Total Housing Units

1,595

Vacancy Rate

5.1%

Owner Occupied

82.3%

Renter Occupied

17.6%

Median Property Tax

$5,339

per year

Monthly Cost (w/ Mortgage)

$2,207

Housing Types

Single Family
66.7%
Multi-Family
15.7%
Mobile Home
17.6%

The current median sale price in Melwood, MD is $365,000 according to Redfin data. Homes spend a median of 39 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $305. The median rent is $1,277 per month (Census ACS). About 82.3% of housing units are owner-occupied. The median year homes were built is 1996. There are 1,595 total housing units.