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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calverton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Calverton, MD

How much do homes in Calverton, MD cost?

Median Sold Price

$499,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,000(+2.9%)

Key Takeaway

Homes in Calverton have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Calverton was $499,000 in November 2024, up 2.9% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$130.5K
-15.8%
2 $303K$342.5K
+13.0%
3 $440K$455K
+3.4%
4 $537.5K$575K
+7.0%
5+ $642.5K$588.5K
-8.4%

Summary: Calverton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 8.4%.

Housing Supply in Calverton, MD

How many homes are available in Calverton, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2832+14.3%

Summary: The Calverton real estate market had 32 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 33
0.0%
3 1112
+9.1%
4 109
-10.0%
5+ 24
+100.0%

Summary: The Calverton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calverton, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Calverton in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for Calverton, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days14 Days-55.7%

Summary: Homes in Calverton had an average of 14 days on market in Nov 2024, down by 55.7% compared to last year.

Breakdown of Home Sale Times

9 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 Calverton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Calverton; 90% of homes were sold within 30 days, 10% 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 Calverton, MD

Nearby Markets to Calverton, MD