$4,216 Closing Credit*
$355,000
1,436 SqFt
3 Beds
•2 Full Baths
Michael Alford, Listing Office: Coldwell Banker Realty
Is Crisfield, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Crisfield was a Seller's Market.
Key Takeaway
Crisfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Crisfield, MD
How much do homes in Crisfield, MD cost?
Median Sold Price
$171,750
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$750(+0.4%)
Key Takeaway
The sold price of homes in Crisfield has remained the same since last year.
Summary: The median home sold price in Crisfield was $171,750 in October 2024, up 0.4% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27.5K | - | N/A |
| 2 Bedrooms | $122.5K | $132.5K | +8.2% |
| 3 Bedrooms | $210K | $195K | -7.1% |
| 4 Bedrooms | $157.5K | $195.5K | +24.1% |
| 5+ Bedrooms | $297.4K | $207.5K | -30.2% |
Summary: Crisfield 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 8.2%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 30.2%.
Housing Supply in Crisfield, MD
How many homes are available in Crisfield, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 66 | -4.3% |
Summary: The Crisfield real estate market had 66 homes for sale in October 2024, a 4.3% decrease 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 47 | 46 | -2.1% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Crisfield 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 14.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crisfield, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Crisfield in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Crisfield, MD
How long does it take to sell a home in Crisfield, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 45 Days | -3.1% |
Summary: Homes in Crisfield had an average of 45 days on market in Oct 2024, down by 3.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Crisfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Crisfield; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
