Is Calvert County, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calvert County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Calvert County, MD

How much do homes in Calvert County, MD cost?

Median Sold Price

$449,922

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,922(+5.9%)

Key Takeaway

Homes in Calvert County have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Calvert County was $449,922 in October 2024, up 5.9% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249.9K$265K
+6.0%
2 $310K$313.5K
+1.1%
3 $355K$379.8K
+7.0%
4 $536.1K$524.9K
-2.1%
5+ $650K$675K
+3.8%

Summary: Calvert County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Counties

Calvert County
+5.9%
Saint Mary's County
+5.1%
Charles County
+4.7%
Prince George's County
+3.5%
Anne Arundel County
+3.0%

Housing Supply in Calvert County, MD

How many homes are available in Calvert County, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
358398+11.2%

Summary: The Calvert County real estate market had 398 homes for sale in October 2024, a 11.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 14
+300.0%
2 2219
-13.6%
3 125154
+23.2%
4 149156
+4.7%
5+ 6165
+6.6%

Summary: The Calvert County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 6.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8594+10.6%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calvert County, you could pay more than the asking price. 37.2% of homes here sold above asking price last month.

Summary: A total of 94 homes were sold or pending in Calvert County in October 2024, up by 10.6% month-over-month. Of the 94 sold homes, 28% were sold under asking, 35% were sold at asking, and 37% were sold over asking.

Days on Market for Calvert County, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days26 Days+3.5%

Summary: Homes in Calvert County had an average of 26 days on market in Oct 2024, up by 3.5% compared to last year.

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 94 homes were sold in Calvert County; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

Newest Listings in Calvert County, MD

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