$7,838 Closing Credit*
$660,000
2,468 SqFt
4 Beds
•2 Full Baths, 1 Partial
Michelle Joan Boretti, Listing Office: Coldwell Banker Realty
Is Crofton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Crofton has remained a Seller's Market.
Key Takeaway
Crofton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crofton, MD
How much do homes in Crofton, MD cost?
Median Sold Price
$455,500
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,166(+2.3%)
Key Takeaway
Homes in Crofton have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Crofton was $455,500 in November 2024, up 2.3% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $318K | $330K | +3.8% |
| 3 Bedrooms | $386.5K | $412.5K | +6.7% |
| 4 Bedrooms | $644K | $642.5K | -0.2% |
| 5+ Bedrooms | $780K | $784K | 0.5% |
Summary: Crofton 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 3.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Crofton, MD
How many homes are available in Crofton, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 71 | -7.8% |
Summary: The Crofton real estate market had 71 homes for sale in November 2024, a 7.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 38 | 29 | -23.7% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Crofton 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 increased by 16.7%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 19 | -32.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crofton, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Crofton in November 2024, down by 32.1% month-over-month. Of the 19 sold homes, 11% were sold under asking, 32% were sold at asking, and 58% were sold over asking.
Days on Market for Crofton, MD
How long does it take to sell a home in Crofton, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +21.4% |
Summary: Homes in Crofton had an average of 16 days on market in Nov 2024, up by 21.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crofton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Crofton; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
