The story of this market
The typical home in Clear Spring, Maryland sells for about $335,000.
Prices are roughly flat from a year ago (+0.6%), a market in balance. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,261 a month.
Monthly price momentum
Home values since 2015
+1.1%
MD · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Clear Spring, Maryland
Clear Spring is a very small, stable rural town with limited housing turnover and a population of approximately 342. Market data is sparse due to the town's size, but current estimates suggest a median home value around $335,000 and a rental market driven by HUD fair market standards. Economic activity is modest, and the town maintains a low municipal debt profile.
No ARED county foreclosure postings attributed to Clear Spring yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price diverges 13.9% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Median prices moved up 0.6% year over year.
Homes spend a median of 30 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 8.5% — a stable, low-distress profile.
Clear Spring is a small, rural-leaning community best suited for those seeking a quiet, low-density lifestyle, though its limited housing inventory and small population size may present challenges for investors or those requiring high-density amenities.
The rental market is characterized by a median 2-bedroom rent of $1,261, with a rental vacancy rate of 5.2% and a rent-to-income ratio of approximately 32.9%.
The local economy is small and rural, with limited major industrial anchors and a reliance on the broader Washington County economic base.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Data sourced from Maryland Department of Planning and Census Reporter.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.