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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Davidsonville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Davidsonville, MD

How much do homes in Davidsonville, MD cost?

Median Sold Price

$957,500

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,500(+4.3%)

Key Takeaway

Homes in Davidsonville have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Davidsonville was $957,500 in November 2024, up 4.3% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $449.9K-
N/A
3 $600K$625K
+4.2%
4 $905K$893.9K
-1.2%
5+ $1.0M$1.2M
+16.9%

Summary: Davidsonville 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 did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Cities

Harwood
+17.4%
Davidsonville
+4.3%
Bowie
+2.0%

Housing Supply in Davidsonville, MD

How many homes are available in Davidsonville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23230.0%

Summary: The Davidsonville real estate market had 23 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 1111
0.0%
5+ 99
0.0%

Summary: The Davidsonville 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Davidsonville, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Davidsonville in November 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Davidsonville, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days85 Days+150.6%

Summary: Homes in Davidsonville had an average of 85 days on market in Nov 2024, up by 150.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Davidsonville; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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

Newest Listings in Davidsonville, MD

Nearby Markets to Davidsonville, MD

What housing markets are near Davidsonville, MD?