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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarksville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Clarksville, MD

How much do homes in Clarksville, MD cost?

Median Sold Price

$1,025,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,000(+7.9%)

Key Takeaway

Homes in Clarksville have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Clarksville was $1,025,000 in November 2024, up 7.9% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $440K$434.5K
-1.3%
3 $635K$640K
+0.8%
4 $945K$980K
+3.7%
5+ $1.1M$1.2M
+4.2%

Summary: Clarksville 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 decreased by 1.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.2%.

Housing Supply in Clarksville, MD

How many homes are available in Clarksville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The Clarksville real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 34
+33.3%
4 79
+28.6%
5+ 64
-33.3%

Summary: The Clarksville 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 increased by 33.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Clarksville in November 2024, up by 166.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
15 Days22 Days+45.2%

Summary: Homes in Clarksville had an average of 22 days on market in Nov 2024, up by 45.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 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 November 2024, 8 homes were sold in Clarksville; 63% of homes were sold within 30 days, 38% 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 17 Days Ago

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