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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catonsville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Catonsville, MD

How much do homes in Catonsville, MD cost?

Median Sold Price

$430,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,962(+13.7%)

Key Takeaway

Homes in Catonsville have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Catonsville was $430,000 in November 2024, up 13.7% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $270K$300K
+11.1%
3 $340.4K$375K
+10.1%
4 $435K$495K
+13.8%
5+ $525K$550K
+4.8%

Summary: Catonsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Catonsville
+13.7%
Halethorpe
+10.5%
Windsor Mill
+6.7%
Gwynn Oak
+6.6%
Baltimore
+3.0%

Housing Supply in Catonsville, MD

How many homes are available in Catonsville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10897-10.2%

Summary: The Catonsville real estate market had 97 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 6160
-1.6%
4 3127
-12.9%
5+ 148
-42.9%

Summary: The Catonsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4342-2.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catonsville, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in Catonsville in November 2024, down by 2.3% month-over-month. Of the 42 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.

Days on Market for Catonsville, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days14 Days-36.7%

Summary: Homes in Catonsville had an average of 14 days on market in Nov 2024, down by 36.7% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Catonsville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 42 homes were sold in Catonsville; 90% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 2% 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 17 Days Ago

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