$7,066 Closing Credit*
$595,000
1,356 SqFt
2 Beds
•2 Full Baths
James M Blaney, Listing Office: Cummings & Co. Realtors
Is Carroll County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Carroll County has remained a Seller's Market.
Key Takeaway
Carroll County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carroll County, MD
How much do homes in Carroll County, MD cost?
Median Sold Price
$450,709
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,573(+5.0%)
Key Takeaway
Homes in Carroll County have sold for 5% more than they did a year ago.
Summary: The median home sold price in Carroll County was $450,709 in November 2024, up 5% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $203.5K | +4.4% |
| 2 Bedrooms | $280K | $297.4K | +6.2% |
| 3 Bedrooms | $375K | $397.8K | +6.1% |
| 4 Bedrooms | $530K | $561.5K | +5.9% |
| 5+ Bedrooms | $712.5K | $735K | +3.2% |
Summary: Carroll County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Counties
| Adams County | $285K | $309.9K | +8.7% |
| Frederick County | $453K | $485.1K | +7.1% |
| Baltimore County | $328.8K | $350K | +6.4% |
| Howard County | $544.1K | $572.5K | +5.2% |
| Carroll County | $429.1K | $450.7K | +5.0% |
Housing Supply in Carroll County, MD
How many homes are available in Carroll County, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 484 | 423 | -12.6% |
Summary: The Carroll County real estate market had 423 homes for sale in November 2024, a 12.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 54 | 41 | -24.1% |
| 3 Bedrooms | 211 | 192 | -9.0% |
| 4 Bedrooms | 165 | 141 | -14.5% |
| 5+ Bedrooms | 49 | 47 | -4.1% |
Summary: The Carroll County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 24.1%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 4.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 172 | 125 | -27.3% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carroll County, you could pay more than the asking price. 36% of homes here sold above asking price last month.
Summary: A total of 125 homes were sold or pending in Carroll County in November 2024, down by 27.3% month-over-month. Of the 125 sold homes, 34% were sold under asking, 30% were sold at asking, and 36% were sold over asking.
Days on Market for Carroll County, MD
How long does it take to sell a home in Carroll County, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +7.2% |
Summary: Homes in Carroll County had an average of 20 days on market in Nov 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
93 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carroll County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 125 homes were sold in Carroll County; 74% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
