Is Whiteford, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whiteford is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Whiteford has remained a Seller's Market.

Key Takeaway

Whiteford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whiteford, MD

How much do homes in Whiteford, MD cost?

Median Sold Price

$708,000

$233/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$490,000(+224.8%)

Key Takeaway

Homes in Whiteford have sold for 224.8% more than they did a month ago.

Summary: The median home sold price in Whiteford was $708,000 in May 2024, up 224.8% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $70K-
N/A
2 --
N/A
3 --
N/A
4 $366K$708K
+93.4%
5+ --
N/A

Summary: Whiteford housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 93.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Whiteford
+224.8%
Darlington
+197.1%

Housing Supply in Whiteford, MD

How many homes are available in Whiteford, MD?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The Whiteford real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 01
+100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Whiteford housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whiteford, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Whiteford in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Whiteford, MD

How long does it take to sell a home in Whiteford, MD?

Average Sale Time

Apr 2024May 2024CHANGE
62 Days2 Days-96.8%

Summary: Homes in Whiteford had an average of 2 days on market in May 2024, down by 96.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Whiteford are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Whiteford; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Whiteford, MD

Nearby Markets to Whiteford, MD

What housing markets are near Whiteford, MD?