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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deale is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Deale was a Seller's Market.

Key Takeaway

Deale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Deale, MD

How much do homes in Deale, MD cost?

Median Sold Price

$496,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$59,000(+13.5%)

Key Takeaway

Homes in Deale have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Deale was $496,000 in November 2024, up 13.5% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $298K-
N/A
2 $355K$355K
0.0%
3 $420K$454.5K
+8.2%
4 $537.5K$545K
+1.4%
5+ $804K$652.5K
-18.8%

Summary: Deale 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 8.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 18.8%.

Housing Supply in Deale, MD

How many homes are available in Deale, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2428+16.7%

Summary: The Deale real estate market had 28 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 98
-11.1%
4 914
+55.6%
5+ 55
0.0%

Summary: The Deale 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 decreased by 11.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deale, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Deale in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Deale, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days26 Days+36.8%

Summary: Homes in Deale had an average of 26 days on market in Nov 2024, up by 36.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Deale; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

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