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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Accident is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Accident has remained a Buyer's Market.

Key Takeaway

Accident is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Accident, MD

How much do homes in Accident, MD cost?

Median Sold Price

$330,000

$239/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$30,000(+10.0%)

Key Takeaway

Homes in Accident have sold for 10% more than they did a month ago.

Summary: The median home sold price in Accident was $330,000 in November 2024, up 10% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$330K
N/A
4 $300K-
N/A
5+ --
N/A

Summary: Accident housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Accident, MD

How many homes are available in Accident, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The Accident real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 56
+20.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Accident housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Accident, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Accident in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Accident, MD

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

Average Sale Time

Oct 2024Nov 2024CHANGE
78 Days99 Days+26.9%

Summary: Homes in Accident had an average of 99 days on market in Nov 2024, up by 26.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Accident are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Accident; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

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