Is Silver Hill a buyer's or seller's market right now?

Silver Hill is currently a buyer's market with 6.5 months of supply. 50% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Silver Hill is 49/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Silver Hill?

The median home price in Silver Hill is $197,500, down 34.4% year-over-year. The median price per square foot is $163. Homes sell in a median of 159 days with a sale-to-list ratio of 101%.

How much does it cost to sell a home in Silver Hill, Maryland?

On a $197,500 home in Silver Hill, a traditional listing agent charges around $5,925 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $15,800 or more. With Ridley Essentials ($999) you save $4,926, and with Ridley Pro ($3,499) you save $2,426 while getting full agent support.

How does Ridley's flat fee compare to a traditional Silver Hill agent?

A traditional Silver Hill listing agent typically charges 3% of the sale price — about $5,925 on a $197,500 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $4,926–$2,426 compared to a traditional agent.

How long does it take to sell a home in Silver Hill?

The median home in Silver Hill currently spends 159 days on the market before going under contract, up 98% from last year. 50% of homes go pending within two weeks. At a 101% sale-to-list ratio, sellers are getting very close to or above asking price. Only 30.8% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Maryland?

No. Maryland does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $197,500 home, that could save you up to $2,426.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Maryland. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $5,925 commission.

National/Maryland

Silver Hill, MD

Is Now a Good Time to Sell in Silver Hill, Maryland?

The median home in Silver Hill sells for $197,500 with prices down 34.4% year-over-year. The average seller pays $5,925 in commissions — Ridley’s flat fee saves you $2,426.

Silver Hill Real Estate Market Conditions — April 2026

49out of 100

Ridley Sell Score

How it's scored →

Cooling

49/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Silver Hill market is cooling, and sellers need to be strategic. Homes are taking longer to sell — be patient and avoid chasing the market down. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors buyers

6.5 months of supply — above the 5-month balanced threshold, giving buyers more options. Maryland average is 2.5.

Price MomentumFavors buyers

Prices down 34.4% year-over-year — vs. +1.4% statewide.

Seller LeverageFavors sellers

Homes selling at 101% of asking — sellers are getting 1% above list on average. Maryland average is 98.4%.

Bidding ActivityFavors sellers

50% of homes selling above list price — 88% above the Maryland average of 26.6%.

Sale SpeedFavors buyers

159 median days on market — 85 days slower than the Maryland average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 29.2% statewide.

Price StabilityFavors buyers

30.8% of listings have dropped their price — accurate initial pricing is critical. Maryland average is 19.4%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$197,500

-34.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

159

+98%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$163

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

101%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

6.5

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

50%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

30.8%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$143,408 → $197,500

▲37.7%

$180K$160K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Silver Hill — delivered monthly.

Your savings

How much can you save selling your home in Silver Hill?

The average Silver Hill homeowner saves $2,426 by selling with Ridley instead of paying the traditional 3% listing commission on a $197,500 home.

$0Estimated savings

That could furnish your new living room — save 1.2% of your home value

Your Silver Hill home value

$197,500

$50,000$10M

Traditional Agent (3%)

$5,925

Ridley Pro (flat fee)

$3,499

Ready to sell in Silver Hill?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

How much does it cost to sell a house in Silver Hill?

The total cost to sell a house in Silver Hill in 2026 ranges from $999 with Ridley Essentials to approximately $5,925 with a traditional 3% commission on a $197,500 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$5,925	$3,499	$999	$0
Buyer agent	$5,5302.8% avg	$3,950~2% avg	$3,950~2% avg	$5,5302.8% avg
Closing costs (~1.5%)	$2,963	$2,963	$2,963	$2,963
Total cost	$14,418	$10,412	$7,912	$8,493
Net proceeds	$183,082	$187,088	$189,588	$189,007
You save	—	$4,006	$6,506	$5,925No support