Why Live in Tilghman Island
Tilghman Island in Saint Michaels, Maryland, is a 3-mile-long island known for its rich history and evolving community. Once thriving on oyster harvesting, the island has transformed into a luxury real estate destination while maintaining its traditional watermen’s character. The island features a mix of Cape Cod, Colonial Revival, and ranch homes, with waterfront properties being particularly sought after. Local amenities include the Tilghman Island Country Store for groceries and Fairbank Tackle for gas and community news. Dining options range from the chic Wylder hotel and restaurant to casual spots like Two If By Sea. For things to do, residents and visitors can enjoy waterfront recreation at three marinas, a public boat ramp, and private docks, as well as small parks like Back Creek Community Park. The Tilghman Watermen’s Museum offers insights into the island’s maritime heritage. Annual events such as Tilghman Island Day celebrate the community’s waterfront identity with competitions and fresh seafood. The island is fairly self-sufficient but lacks public transportation, so residents rely on cars, bikes, or walking. Tilghman Elementary serves younger students, while older students attend St. Michaels Middle High School, both of which have high ratings. The island is connected to St. Michaels, 15 miles away, via Maryland Route 33, which also provides access to Annapolis and Ocean City. Flood zones identified by FEMA may necessitate flood insurance for some properties.
Home Trends in Tilghman Island, MD
On average, homes in Tilghman Island, Saint Michaels sell after 115 days on the market compared to the national average of 70 days. The median sale price for homes in Tilghman Island, Saint Michaels over the last 12 months is $434,900, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$434,900
Median Single Family Sale Price
$293,490
Median Townhouse Sale Price
$454,995
Average Price Per Sq Ft
$272
Number of Homes for Sale
1
Last 12 months Home Sales
17
Median List Price
$495,000
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
-20%