Is White Marsh, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, White Marsh was a Buyer's Market.
Housing Prices in White Marsh, MD
How much do homes in White Marsh, MD cost?
Median Sold Price
$520,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in White Marsh was $520,000 in May 2024, down 2.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $382.5K | $365K | -4.6% |
3 Bedrooms | $360K | $370K | +2.8% |
4 Bedrooms | $542.4K | $580K | +6.9% |
5+ Bedrooms | $610K | $680K | +11.5% |
Summary: White Marsh housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
Nottingham | $290.5K | $305K | +5.0% |
Perry Hall | $379.9K | $386.5K | +1.7% |
Middle River | $309.5K | $312.3K | +0.9% |
Kingsville | $550K | $547.5K | -0.5% |
White Marsh | $533K | $520K | -2.4% |
Housing Supply in White Marsh, MD
How many homes are available in White Marsh, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The White Marsh real estate market had 16 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The White Marsh housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in White Marsh in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for White Marsh, MD
How long does it take to sell a home in White Marsh, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 30 Days | +508.0% |
Summary: Homes in White Marsh had an average of 30 days on market in May 2024, up by 508% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in White Marsh; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.