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 November 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

$454,787

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,193(+7.6%)

Key Takeaway

Homes in Calvert County have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Calvert County was $454,787 in November 2024, up 7.6% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $249.9K$258.2K
+3.3%
2 $310K$315K
+1.6%
3 $355K$379.9K
+7.0%
4 $525K$534.5K
+1.8%
5+ $650K$675K
+3.8%

Summary: Calvert County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Counties

Calvert County
+7.6%
Saint Mary's County
+5.7%
Charles County
+4.6%
Prince George's County
+2.8%
Anne Arundel County
+2.5%

Housing Supply in Calvert County, MD

How many homes are available in Calvert County, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
372358-3.8%

Summary: The Calvert County real estate market had 358 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1821
+16.7%
3 140140
0.0%
4 149138
-7.4%
5+ 6155
-9.8%

Summary: The Calvert County 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 9.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10880-25.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

30 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. 37.5% of homes here sold above asking price last month.

Summary: A total of 80 homes were sold or pending in Calvert County in November 2024, down by 25.9% month-over-month. Of the 80 sold homes, 29% were sold under asking, 34% were sold at asking, and 38% 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

Nov 2023Nov 2024CHANGE
21 Days37 Days+69.4%

Summary: Homes in Calvert County had an average of 37 days on market in Nov 2024, up by 69.4% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

8 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 November 2024, 80 homes were sold in Calvert County; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 Calvert County, MD

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