Is Brock Hall, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brock Hall is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Brock Hall, MD

How much do homes in Brock Hall, MD cost?

Median Sold Price

$570,285

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$54,715(-8.8%)

Key Takeaway

Homes in Brock Hall have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Brock Hall was $570,285 in December 2024, down 8.8% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$579.2K
N/A
3 $551K$520K
-5.6%
4 $660K$694.5K
+5.2%
5+ $753.5K$735K
-2.5%

Summary: Brock Hall housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 2.5%.

Housing Supply in Brock Hall, MD

How many homes are available in Brock Hall, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
45450.0%

Summary: The Brock Hall real estate market had 45 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1616
0.0%
4 2021
+5.0%
5+ 98
-11.1%

Summary: The Brock Hall 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brock Hall, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Brock Hall in December 2024, up by 116.7% month-over-month. Of the 13 sold homes, 8% were sold under asking, 46% were sold at asking, and 46% were sold over asking.

Days on Market for Brock Hall, MD

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

Average Sale Time

Dec 2023Dec 2024CHANGE
15 Days19 Days+24.1%

Summary: Homes in Brock Hall had an average of 19 days on market in Dec 2024, up by 24.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 13 homes were sold in Brock Hall; 85% of homes were sold within 30 days, 15% 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 6 Days Ago

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