$4,572 Closing Credit*
$385,000
1,330 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sarah V Liska, Listing Office: Freedom Realty LLC
Is Carroll County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$450,100
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,239(+4.7%)
Key Takeaway
Homes in Carroll County have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Carroll County was $450,100 in October 2024, up 4.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $202K | +3.6% |
| 2 Bedrooms | $280K | $297.4K | +6.2% |
| 3 Bedrooms | $376.3K | $390K | +3.6% |
| 4 Bedrooms | $527K | $570.5K | +8.3% |
| 5+ Bedrooms | $710K | $735K | +3.5% |
Summary: Carroll County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Counties
| Adams County | $284.3K | $309.9K | +9.0% |
| Baltimore County | $326.1K | $349.9K | +7.3% |
| Frederick County | $452.7K | $483.4K | +6.8% |
| Howard County | $541.8K | $570.4K | +5.3% |
| Carroll County | $429.8K | $450.1K | +4.7% |
Housing Supply in Carroll County, MD
How many homes are available in Carroll County, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 463 | 507 | +9.5% |
Summary: The Carroll County real estate market had 507 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 55 | 56 | +1.8% |
| 3 Bedrooms | 197 | 217 | +10.2% |
| 4 Bedrooms | 161 | 178 | +10.6% |
| 5+ Bedrooms | 46 | 51 | +10.9% |
Summary: The Carroll County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 10.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 155 | +12.3% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
69 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carroll County, you could pay more than the asking price. 44.5% of homes here sold above asking price last month.
Summary: A total of 155 homes were sold or pending in Carroll County in October 2024, up by 12.3% month-over-month. Of the 155 sold homes, 28% were sold under asking, 27% were sold at asking, and 45% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 20 Days | +24.7% |
Summary: Homes in Carroll County had an average of 20 days on market in Oct 2024, up by 24.7% compared to last year.
Breakdown of Home Sale Times
119 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 155 homes were sold in Carroll County; 77% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
