Grasonville, MD housing market
The typical Grasonville home is worth about $580,000, up 2.9% in a year, 35% above the Maryland typical home. Homes typically sell in 32 days, a little above asking.
Home values, sales, trends and how Grasonville compares with the towns next door — updated as new data is published.
Grasonville at a glance
A seller's market
Supply is tight — about 3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Grasonville | Maryland |
|---|---|---|
| 2017 | $344,000 | $290,000 |
| 2018 | $360,000 | $301,000 |
| 2019 | $374,000 | $310,000 |
| 2020 | $385,000 | $322,000 |
| 2021 | $419,000 | $349,000 |
| 2022 | $472,000 | $384,000 |
| 2023 | $496,000 | $398,000 |
| 2024 | $524,000 | $412,000 |
| 2025 | $558,000 | $427,000 |
| 2026 | $568,000 | $429,000 |
| August 2026 | $580,000 | $428,000 |
Grasonville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Grasonville | $580K | +2.9% | $2,070 | $120,676 |
| Kent Narrows | — | −7.7%† | $2,110 | $139,259 |
† FHFA price index change, where Zillow has no home value for the town.
4.8 years of income
The typical Grasonville home costs about 4.8 years of the town's median household income, more than across Maryland (4.1 years).
How Grasonville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,070
HUD's Fair Market Rent for a two-bedroom in Grasonville is $2,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Grasonville pay a median of $1,622, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $1,490 · 4 bedrooms $2,980
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (21638, 21658; Baltimore-Columbia-Towson, MD MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.