$7,113 Closing Credit*
$599,000
2,066 SqFt
4 Beds
•3 Full Baths
Julie M Byrd, Listing Office: Long & Foster Real Estate, Inc.
Is Cascade, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cascade has remained a Seller's Market.
Key Takeaway
Cascade is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cascade, MD
How much do homes in Cascade, MD cost?
Median Sold Price
$270,000
$173/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$199,950(-42.5%)
Key Takeaway
Homes in Cascade have sold for 42.5% less than they did a month ago.
Summary: The median home sold price in Cascade was $270,000 in October 2024, down 42.5% from last month, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $279.9K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $660K | $270K | -59.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cascade housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 59.1%, and 5+ bedroom homes did not change.
Housing Supply in Cascade, MD
How many homes are available in Cascade, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Cascade real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cascade housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cascade, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Cascade in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Cascade, MD
How long does it take to sell a home in Cascade, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 13 Days | +271.4% |
Summary: Homes in Cascade had an average of 13 days on market in Oct 2024, up by 271.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cascade are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Cascade; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
