Federalsburg is a much less affluent than average city in Maryland with a median income of $37,752 per household. The population is also considered much older than most with a median age of 33 years. It should be noted that 40.0% of the homes in Federalsburg are owned, while 50.7% are rentals. Topping the list of best schools in the city is Colonel Richardson High School.
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$129K  
The Federalsburg market stayed sluggish with one home sold in the last 30 days, a 50.0% sales drop. On the other hand, close-by Denton registered eight homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $114,700 over the latest reporting period for Federalsburg, down from $1,050,000. With decreasing sales and the availability of 27 months of inventory, Federalsburg is a solid buyer's market.
Comments:

$249K  
With an established downward trend of new sellers listing homes, including four over the last 30 days, and sales that fell to two in that same time frame, the Federalsburg market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in Federalsburg, with the median for this period rising from $900,000 to $1,050,000. Federalsburg is a solid buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
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$119K  
Over the last 30 days, sales in the Federalsburg market fell to three. However, the number of pending transactions continued to improve, reaching a total of six during the same period. The median sales price rose dramatically to $900,000, up from last week's $498,500. With decreasing sales and the availability of eight months of inventory, Federalsburg is a solid buyer's market.
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$115K  
With an identifiable downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at four in that same time frame, the Federalsburg market will be slowing. The median sales price jumped to $498,500, up from last week's $61,000.
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The population of Federalsburg is growing faster than the rest of Maryland, at a 10-year growth rate of 5.2%. It's an average-sized city compared to the rest of the state, with 2,739 residents. Homes in Federalsburg are older than most with a median age of 48 years. Heading the list of top schools in the city is Colonel Richardson High School.
Comments:

$249K  
The Federalsburg market saw four more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since January at four. In comparison, Denton led all other nearby municipalities with seven price reductions. Potential buyers should note that prices are coming down in Federalsburg, and for this period the median sales price slid from $97,000 to $61,000.
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$249K  
The Federalsburg market got good news this week as sales climbed 50.0% to reach three homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, nearby Denton had six sales in the same time frame, the most of all neighboring cities. The median sales price rose to $97,000 over the latest reporting period for Federalsburg, up from $83,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Federalsburg is still a strong buyer's market.
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$249K  
The Federalsburg market pulled back with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.3 monthly average with two homes sold. In comparison, nearby Denton had seven sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Federalsburg, and for this period the median sales price slid from $97,375 to $83,000. Federalsburg is a definite buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
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$249K  
Despite a pronounced downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the Federalsburg market rose to four over the same stretch of time. Potential buyers should note that prices are coming down in Federalsburg, and for this period the median sales price slid from $109,375 to $97,375.
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