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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brunswick is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Brunswick, MD

How much do homes in Brunswick, MD cost?

Median Sold Price

$420,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,000(+10.8%)

Key Takeaway

Homes in Brunswick have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Brunswick was $420,000 in November 2024, up 10.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$140K
N/A
2 $257.5K$231K
-10.3%
3 $327.5K$340K
+3.8%
4 $459.9K$504.9K
+9.8%
5+ $637.5K$660K
+3.5%

Summary: Brunswick 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 10.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Knoxville
+30.7%
Brunswick
+10.8%
Catoctin
+5.3%

Housing Supply in Brunswick, MD

How many homes are available in Brunswick, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4649+6.5%

Summary: The Brunswick real estate market had 49 homes for sale in November 2024, a 6.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2021
+5.0%
4 1416
+14.3%
5+ 1010
0.0%

Summary: The Brunswick 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 remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
715+114.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brunswick, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Brunswick in November 2024, up by 114.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% were sold over asking.

Days on Market for Brunswick, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days26 Days+120.4%

Summary: Homes in Brunswick had an average of 26 days on market in Nov 2024, up by 120.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Brunswick; 60% of homes were sold within 30 days, 40% 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 21 Days Ago

Newest Listings in Brunswick, MD

Nearby Markets to Brunswick, MD

What housing markets are near Brunswick, MD?