$7,303 Closing Credit*
$615,000
4,468 SqFt
6 Beds
•2 Full Baths, 2 Partial
Gregory A Cullison Jr., Listing Office: EXP Realty, LLC
Is Aberdeen, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Aberdeen has remained a Seller's Market.
Key Takeaway
Aberdeen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Aberdeen, MD
How much do homes in Aberdeen, MD cost?
Median Sold Price
$330,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,100(+3.2%)
Key Takeaway
Homes in Aberdeen have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Aberdeen was $330,000 in October 2024, up 3.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $178.5K | N/A |
| 2 Bedrooms | $192.8K | $215K | +11.5% |
| 3 Bedrooms | $295K | $325K | +10.2% |
| 4 Bedrooms | $410K | $405K | -1.2% |
| 5+ Bedrooms | $495K | $480K | -3.0% |
Summary: Aberdeen housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Aberdeen | $319.9K | $330K | +3.2% |
| Havre de Grace | $394.9K | $399.9K | +1.3% |
Housing Supply in Aberdeen, MD
How many homes are available in Aberdeen, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 115 | +21.1% |
Summary: The Aberdeen real estate market had 115 homes for sale in October 2024, a 21.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 42 | 53 | +26.2% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 11 | 19 | +72.7% |
Summary: The Aberdeen housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 72.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aberdeen, expect to pay close to the asking price. 54.2% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Aberdeen in October 2024, up by 4.3% month-over-month. Of the 24 sold homes, 21% were sold under asking, 54% were sold at asking, and 25% were sold over asking.
Days on Market for Aberdeen, MD
How long does it take to sell a home in Aberdeen, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 25 Days | -15.3% |
Summary: Homes in Aberdeen had an average of 25 days on market in Oct 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Aberdeen are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in Aberdeen; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
