Pocomoke City Real Estate Market Extends Weakening in Contracts

The Pocomoke City market saw two homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to two over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Pocomoke City, and this period the median price of all sales fell from $159,900 to $89,950. With a downward trend in contracts numbers and 14 months of inventory still left to work through, Pocomoke City is a solid buyer's market.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in Pocomoke City:

$257K   $139K   $157K  

Get started right now by checking out Pocomoke City homes for sale or reviewing Pocomoke City real estate trends.

Demographic facts about Pocomoke City:

  • This area has a rating of 61 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $7.54/$1,000.
  • The commute times can range from: <15 min (36.9%), 15-29 min (31.9%), 30-44 min (15.8%), 45-59 min (8.6%), >60 min (6.8%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX Advantage Realty
Snapped 1 home in this area
6 snaps
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.