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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belcamp is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Belcamp has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Belcamp, MD

How much do homes in Belcamp, MD cost?

Median Sold Price

$275,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,500(+3.2%)

Key Takeaway

Homes in Belcamp have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Belcamp was $275,000 in October 2024, up 3.2% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$180K
N/A
2 $229K$236K
+3.1%
3 $270K$275K
+1.9%
4 $447.5K$348.4K
-22.1%
5+ $450K$505K
+12.2%

Summary: Belcamp housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes increased by 12.2%.

Median Sold Price Compared To Nearby Cities

Abingdon
+4.6%
Belcamp
+3.2%

Housing Supply in Belcamp, MD

How many homes are available in Belcamp, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35350.0%

Summary: The Belcamp real estate market had 35 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 1917
-10.5%
4 55
0.0%
5+ 22
0.0%

Summary: The Belcamp 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 increased by 22.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belcamp, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Belcamp in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 44% were sold at asking, and 44% were sold over asking.

Days on Market for Belcamp, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days14 Days+5.7%

Summary: Homes in Belcamp had an average of 14 days on market in Oct 2024, up by 5.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Belcamp; 89% of homes were sold within 30 days, 11% 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 17 Days Ago

Newest Listings in Belcamp, MD

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