$4,750 Closing Credit*
$399,999
1,881 SqFt
3 Beds
•2 Full Baths, 1 Partial
June M Steinweg, Listing Office: Long & Foster Real Estate, Inc.
Is Arnold, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Arnold has remained a Seller's Market.
Key Takeaway
Arnold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arnold, MD
How much do homes in Arnold, MD cost?
Median Sold Price
$565,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+3.7%)
Key Takeaway
Homes in Arnold have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Arnold was $565,000 in November 2024, up 3.7% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $285K | -13.6% |
| 3 Bedrooms | $400K | $485K | +21.3% |
| 4 Bedrooms | $620K | $657.5K | +6.0% |
| 5+ Bedrooms | $1.0M | $937K | -10.8% |
Summary: Arnold housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 10.8%.
Housing Supply in Arnold, MD
How many homes are available in Arnold, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 64 | -7.2% |
Summary: The Arnold real estate market had 64 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 15 | 10 | -33.3% |
Summary: The Arnold 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 decreased by 20%, 3 bedroom homes increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arnold, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Arnold in November 2024, down by 9.5% month-over-month. Of the 19 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% were sold over asking.
Days on Market for Arnold, MD
How long does it take to sell a home in Arnold, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 10 Days | -19.0% |
Summary: Homes in Arnold had an average of 10 days on market in Nov 2024, down by 19% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arnold are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Arnold; 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.
