$10,000 Closing Credit*
$885,000
3,942 SqFt
5 Beds
•4 Full Baths, 1 Partial
Brian Curtis Sutton, Listing Office: Long & Foster Real Estate, Inc.
Is Clarksburg, 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, Clarksburg has remained a Seller's Market.
Key Takeaway
Clarksburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarksburg, MD
How much do homes in Clarksburg, MD cost?
Median Sold Price
$650,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,500(+5.3%)
Key Takeaway
Homes in Clarksburg have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Clarksburg was $650,000 in October 2024, up 5.3% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $369.9K | $375.2K | +1.4% |
| 3 Bedrooms | $530K | $585K | +10.4% |
| 4 Bedrooms | $675K | $778K | +15.3% |
| 5+ Bedrooms | $848K | $925K | +9.1% |
Summary: Clarksburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in Clarksburg, MD
How many homes are available in Clarksburg, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 83 | +13.7% |
Summary: The Clarksburg real estate market had 83 homes for sale in October 2024, a 13.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 28 | 36 | +28.6% |
| 4 Bedrooms | 22 | 27 | +22.7% |
| 5+ Bedrooms | 17 | 13 | -23.5% |
Summary: The Clarksburg 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 increased by 16.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 23.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 34 | +88.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarksburg, expect to pay close to the asking price. 38.2% of homes here sold near the asking price last month.
Summary: A total of 34 homes were sold or pending in Clarksburg in October 2024, up by 88.9% month-over-month. Of the 34 sold homes, 32% were sold under asking, 38% were sold at asking, and 29% were sold over asking.
Days on Market for Clarksburg, MD
How long does it take to sell a home in Clarksburg, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 23 Days | -13.5% |
Summary: Homes in Clarksburg had an average of 23 days on market in Oct 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarksburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in Clarksburg; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
