$10,000 Closing Credit*
$1,299,000
4,597 SqFt
1 Bed
•1 Full Bath, 1 Partial
Meyer A Leibovitch, Listing Office: The Agency DC
Is Darnestown, 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, Darnestown has remained a Seller's Market.
Key Takeaway
Darnestown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Darnestown, MD
How much do homes in Darnestown, MD cost?
Median Sold Price
$982,500
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$82,500(+9.2%)
Key Takeaway
Homes in Darnestown have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Darnestown was $982,500 in October 2024, up 9.2% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $405K | $240K | -40.7% |
| 3 Bedrooms | $489.5K | $690K | +41.0% |
| 4 Bedrooms | $895.5K | $970K | +8.3% |
| 5+ Bedrooms | $1.1M | $1.2M | +1.7% |
Summary: Darnestown 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 decreased by 40.7%, 3 bedroom homes increased by 41%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in Darnestown, MD
How many homes are available in Darnestown, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Darnestown real estate market had 20 homes for sale in October 2024, a 13.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Darnestown 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 decreased by 100%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Darnestown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Darnestown in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Darnestown, MD
How long does it take to sell a home in Darnestown, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 9 Days | -47.1% |
Summary: Homes in Darnestown had an average of 9 days on market in Oct 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Darnestown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Darnestown; 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.
