$2,672 Closing Credit*
$225,000
1,200 SqFt
3 Beds
•2 Full Baths
James P Schaecher, Listing Office: Keller Williams Flagship of Maryland
Is East Baltimore Midway, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Baltimore Midway was a Seller's Market.
Key Takeaway
East Baltimore Midway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Baltimore Midway, MD
How much do homes in East Baltimore Midway, MD cost?
Median Sold Price
$70,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,000(-7.9%)
Key Takeaway
Homes in East Baltimore Midway have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in East Baltimore Midway was $70,000 in November 2024, down 7.9% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26.9K | - | N/A |
| 2 Bedrooms | $94.7K | $61K | -35.6% |
| 3 Bedrooms | $75K | $64K | -14.7% |
| 4 Bedrooms | $104.3K | $298.7K | +186.3% |
| 5+ Bedrooms | $80.6K | $95K | +17.8% |
Summary: East Baltimore Midway 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 decreased by 35.6%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 186.3%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Darley Park | $49.5K | $50.6K | +2.2% |
| East Baltimore Midway | $76K | $70K | -7.9% |
| Better Waverly | $168.5K | $154K | -8.6% |
Housing Supply in East Baltimore Midway, MD
How many homes are available in East Baltimore Midway, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The East Baltimore Midway real estate market had 29 homes for sale in November 2024, a 3.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The East Baltimore Midway 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 decreased by 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Baltimore Midway, 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 East Baltimore Midway in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for East Baltimore Midway, MD
How long does it take to sell a home in East Baltimore Midway, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 126 Days | 28 Days | -77.4% |
Summary: Homes in East Baltimore Midway had an average of 28 days on market in Nov 2024, down by 77.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Baltimore Midway are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in East Baltimore Midway; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
