$50,000
1.85 Acres
Land
Nicole Jackson, Listing Office: Railey Realty, Inc.
Is Accident, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Accident was a Seller'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
$300,000
$126/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$63,000(+26.6%)
Key Takeaway
Homes in Accident have sold for 26.6% more than they did a month ago.
Summary: The median home sold price in Accident was $300,000 in October 2024, up 26.6% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | - | N/A |
| 3 Bedrooms | $445K | - | N/A |
| 4 Bedrooms | $237K | $300K | +26.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Accident housing prices by bedroom type for October 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 26.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Accident real estate market had 9 homes for sale in October 2024, a 25.0% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Accident 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 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 October 2024, down by 66.7% month-over-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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 78 Days | +55.0% |
Summary: Homes in Accident had an average of 78 days on market in Oct 2024, up by 55% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Accident has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Accident; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
