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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Earleville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Earleville, MD

How much do homes in Earleville, MD cost?

Median Sold Price

$357,500

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$28,000(-7.3%)

Key Takeaway

Homes in Earleville have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Earleville was $357,500 in October 2024, down 7.3% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $101K$193K
+91.1%
2 $190K$210K
+10.5%
3 $335K$345K
+3.0%
4 $500K$590K
+18.0%
5+ $1.7M$660K
-62.4%

Summary: Earleville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 91.1%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 18%, and 5+ bedroom homes decreased by 62.4%.

Housing Supply in Earleville, MD

How many homes are available in Earleville, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1516+6.7%

Summary: The Earleville real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 13
+200.0%
3 98
-11.1%
4 32
-33.3%
5+ 22
0.0%

Summary: The Earleville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

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 Earleville, 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 Earleville in October 2024, down by 33.3% 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 Earleville, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days52 Days+26.8%

Summary: Homes in Earleville had an average of 52 days on market in Oct 2024, up by 26.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Earleville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Earleville, MD

Nearby Markets to Earleville, MD