$3,384 Closing Credit*
$285,000
1,532 SqFt
3 Beds
•1 Full Bath, 1 Partial
Steven J Thayer, Listing Office: Northrop Realty
Is Aberdeen, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$325,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$10,000(+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 $325,000 in September 2024, up 3.2% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $178.5K | N/A |
| 2 Bedrooms | $192.8K | $215K | +11.5% |
| 3 Bedrooms | $295K | $321.2K | +8.9% |
| 4 Bedrooms | $410K | $385K | -6.1% |
| 5+ Bedrooms | $495K | $464.7K | -6.1% |
Summary: Aberdeen housing prices by bedroom type for September 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 8.9%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Aberdeen | $315K | $325K | +3.2% |
| Havre de Grace | $395.8K | $399.9K | +1.0% |
Housing Supply in Aberdeen, MD
How many homes are available in Aberdeen, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 85 | 96 | +12.9% |
Summary: The Aberdeen real estate market had 96 homes for sale in September 2024, a 12.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 39 | 46 | +17.9% |
| 4 Bedrooms | 30 | 29 | -3.3% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Aberdeen housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aberdeen, expect to pay close to the asking price. 40.9% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Aberdeen in September 2024, the same as the previous month. Of the 22 sold homes, 27% were sold under asking, 41% were sold at asking, and 32% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 17 Days | +38.5% |
Summary: Homes in Aberdeen had an average of 17 days on market in Sep 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 September 2024, 22 homes were sold in Aberdeen; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
