$4,619 Closing Credit*
$389,000
1,152 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jacob Manevich, Listing Office: NRD REALTY LLC
Is East Riverdale, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Riverdale has remained a Buyer's Market.
Key Takeaway
East Riverdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Riverdale, MD
How much do homes in East Riverdale, MD cost?
Median Sold Price
$370,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-2.6%)
Key Takeaway
Homes in East Riverdale have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in East Riverdale was $370,000 in November 2024, down 2.6% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | - | N/A |
| 2 Bedrooms | $330K | $255K | -22.7% |
| 3 Bedrooms | $340K | $345.2K | +1.5% |
| 4 Bedrooms | $413.1K | $390K | -5.6% |
| 5+ Bedrooms | $420K | $426.2K | +1.5% |
Summary: East Riverdale 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 22.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in East Riverdale, MD
How many homes are available in East Riverdale, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The East Riverdale real estate market had 17 homes for sale in November 2024, a 5.6% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The East Riverdale 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 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 Riverdale, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in East Riverdale in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for East Riverdale, MD
How long does it take to sell a home in East Riverdale, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 2 Days | -90.0% |
Summary: Homes in East Riverdale had an average of 2 days on market in Nov 2024, down by 90% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Riverdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in East Riverdale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
