$653 Closing Credit*
$55,000
2 Beds
•1 Full Bath
Michael John Fiteni, Listing Office: Keller Williams Main Line
Is Druid Heights, 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, Druid Heights has remained a Seller's Market.
Key Takeaway
Druid Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Druid Heights, MD
How much do homes in Druid Heights, MD cost?
Median Sold Price
$160,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,000(+107.8%)
Key Takeaway
Homes in Druid Heights have sold for 107.8% more than they did a year ago.
Summary: The median home sold price in Druid Heights was $160,000 in October 2024, up 107.8% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $72.8K | $74.7K | +2.7% |
| 3 Bedrooms | $55.2K | $172.5K | +212.2% |
| 4 Bedrooms | $77K | $205K | +166.2% |
| 5+ Bedrooms | $155.4K | $245K | +57.6% |
Summary: Druid Heights 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 2.7%, 3 bedroom homes increased by 212.2%, 4 bedroom homes increased by 166.2%, and 5+ bedroom homes increased by 57.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Druid Heights | $77K | $160K | +107.8% |
| Penn North | $71.2K | $80K | +12.3% |
| Reservoir Hill | $304.5K | $306.2K | +0.6% |
Housing Supply in Druid Heights, MD
How many homes are available in Druid Heights, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Druid Heights real estate market had 17 homes for sale in October 2024, a 10.5% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Druid Heights 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Druid Heights, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Druid Heights in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Druid Heights, MD
How long does it take to sell a home in Druid Heights, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 121 Days | +362.0% |
Summary: Homes in Druid Heights had an average of 121 days on market in Oct 2024, up by 362% 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 Druid Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Druid Heights; 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.
