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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarksville is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Clarksville was a Seller's Market.

Key Takeaway

Clarksville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Clarksville, MD

How much do homes in Clarksville, MD cost?

Median Sold Price

$885,000

$318/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$265,000(-23.0%)

Key Takeaway

Homes in Clarksville have sold for 23% less than they did a month ago.

Summary: The median home sold price in Clarksville was $885,000 in October 2024, down 23% from last month, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $445K$446K
0.2%
3 $670K-
N/A
4 $1.1M-
N/A
5+ $1.2M$1.5M
+28.5%

Summary: Clarksville 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 increased by 0.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 28.5%.

Housing Supply in Clarksville, MD

How many homes are available in Clarksville, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2018-10.0%

Summary: The Clarksville real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 23
+50.0%
4 96
-33.3%
5+ 77
0.0%

Summary: The Clarksville 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
113-72.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarksville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Clarksville in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Clarksville, MD

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

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days5 Days-75.7%

Summary: Homes in Clarksville had an average of 5 days on market in Oct 2024, down by 75.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Clarksville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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