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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adamstown is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Adamstown, MD

How much do homes in Adamstown, MD cost?

Median Sold Price

$670,000

$173/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$54,000(+8.8%)

Key Takeaway

Homes in Adamstown have sold for 8.8% more than they did a month ago.

Summary: The median home sold price in Adamstown was $670,000 in December 2024, up 8.8% from last month, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $567K$655K
+15.5%
4 $665K-
N/A
5+ -$765K
N/A

Summary: Adamstown housing prices by bedroom type for December 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 increased by 15.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adamstown, MD

How many homes are available in Adamstown, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
910+11.1%

Summary: The Adamstown real estate market had 10 homes for sale in December 2024, a 11.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 33
0.0%
4 22
0.0%
5+ 33
0.0%

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

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer100%

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Adamstown in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Adamstown, MD

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

Average Sale Time

Nov 2024Dec 2024CHANGE
42 Days8 Days-79.6%

Summary: Homes in Adamstown had an average of 8 days on market in Dec 2024, down by 79.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times100%

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Adamstown; 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 10 Days Ago

Newest Listings in Adamstown, MD

Nearby Markets to Adamstown, MD