$3,858 Closing Credit*
$324,900
1,344 SqFt
3 Beds
•2 Full Baths
Kathleen M Brenton, Listing Office: Brenton Realty Group
Is Caroline County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Caroline County was a Neutral Market.
Key Takeaway
Caroline County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caroline County, MD
How much do homes in Caroline County, MD cost?
Median Sold Price
$309,950
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.3%)
Key Takeaway
Homes in Caroline County have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Caroline County was $309,950 in November 2024, up 3.3% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113.2K | $105K | -7.3% |
| 2 Bedrooms | $192K | $202.5K | +5.5% |
| 3 Bedrooms | $277.7K | $307.5K | +10.7% |
| 4 Bedrooms | $360.4K | $360K | -0.1% |
| 5+ Bedrooms | $379K | $423K | +11.6% |
Summary: Caroline County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Counties
| Queen Anne's County | $500K | $535K | +7.0% |
| Kent County | $324.8K | $347.3K | +6.9% |
| Caroline County | $299.9K | $309.9K | +3.3% |
| Talbot County | $475K | $487K | +2.5% |
| Sussex County | $477.6K | $484.8K | +1.5% |
Housing Supply in Caroline County, MD
How many homes are available in Caroline County, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 126 | 130 | +3.2% |
Summary: The Caroline County real estate market had 130 homes for sale in November 2024, a 3.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 69 | 73 | +5.8% |
| 4 Bedrooms | 26 | 28 | +7.7% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Caroline County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caroline County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Caroline County in November 2024, up by 10.0% month-over-month. Of the 22 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for Caroline County, MD
How long does it take to sell a home in Caroline County, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 49 Days | +67.3% |
Summary: Homes in Caroline County had an average of 49 days on market in Nov 2024, up by 67.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Caroline County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Caroline County; 50% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
