M
aryland’s housing market still shows elevated prices even as inventory rises, yet analysts predict a shift toward a buyer‑friendly environment. In Prince George’s County, 7News reports that Kelder Esua, assisted by agent Collins Ndipmon, is searching for a home in Upper Marlboro. Affordability tops her list, and she notes the situation is worsening.

    Ndipmon points out that recent economic turbulence—government shutdowns, job losses, and high rates—has left many properties unsold. “We have a lot of inventory but few buyers,” he says. Esua agrees, adding that the abundance of choices is a double‑edged sword.

    Data from Maryland Realtors confirms the trend: October sales lagged 5.3% compared with the previous year, and homes in Prince George’s County took almost twice as long to sell, with a three‑fold drop in transactions versus the state average. Supply has risen while demand has slipped, a classic recipe for lower prices. Yet, according to Upper Marlboro agent Cheryl Abrams Davis, prices have actually risen 3% statewide and 2.1% in Prince George’s, suggesting a temporary imbalance.

    “First‑time buyers can still find value,” Davis says. She highlights builder incentives in Upper Marlboro’s new‑home developments, where Esua received $25,000 toward closing costs, a lease‑break allowance, and a fixed 30‑year mortgage at 4.99%. These perks help offset the high cost of entry.

    Maryland Realtors describe the market as “loosening,” and Davis notes a period of adjustment. She stresses the importance of educating both buyers and sellers: buyers should understand the benefits of purchasing, while sellers can learn that listing a home doesn’t obligate them to make changes.

    In short, Maryland’s market remains pricey amid a surplus of homes, but the combination of economic headwinds, inventory growth, and builder incentives may soon tilt the scale in favor of buyers.