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Grasonville, MD
Full City Profile · Maryland · Talbot County County
3.6
/5.0
B+
Good
3,431
Population
620/sq mi density
$111,842
Median Income
$47,369 per capita
$418,900
Home Value
$566,535 Zillow
$1,564
Median Rent
31.5% income on rent
57°F
Avg Temperature
293 sunny days/yr
265
Violent Crime/100K
1,169 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$111,842 median income, 1.7% unemployment
A+
Affordability
4.6 / 5.0
$418,900 home value, $1,564/mo rent
F
Safety
1.0 / 5.0
265 violent crimes/100K
B+
Education
3.7 / 5.0
34.3% bachelor's degree or higher
Housing Overview
Median Home Value
$418,900
49% above
US avg: $281,900
Median Rent
$1,564/mo
34% above
US avg: $1,163/mo
Homeownership Rate
78.1%
19% above US avg (65.4%)
Total Housing Units
1,456
Median year built: 1995
Home Value by Source
Census Median
$418,900
Zillow (ZHVI)
$566,535
Median Sale Price
$420,000
Median List Price
$509,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.1%
Owner-Occupied
21.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,564/mo
Market Indicators (Redfin)
Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$262
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
78.1%
Complete Housing Data
Home Values
| Census Median Value | $418,900 |
| Zillow Home Value (ZHVI) | $566,535 |
| Median Sale Price | $420,000 |
| Median List Price | $509,900 |
| Price Per Sq Ft | $262 |
Rent
| Census Median Rent | $1,564 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 45 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 2 |
| Active Inventory | 16 |
| Price Per Sq Ft | $262 |
Ownership & Stock
| Owner-Occupied | 78.1% |
| Renter-Occupied | 21.9% |
| Homeownership Rate | 78.1% |
| Total Housing Units | 1,456 |
| Median Year Built | 1995 |
| Rent Burden | 31.5% |