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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Easton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Easton, MD

How much do homes in Easton, MD cost?

Median Sold Price

$459,900

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,462(+5.6%)

Key Takeaway

Homes in Easton have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Easton was $459,900 in October 2024, up 5.6% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K$125K
-51.0%
2 $330K$352.5K
+6.8%
3 $395K$450K
+13.9%
4 $521.5K$530K
+1.6%
5+ $847.5K$1.3M
+59.3%

Summary: Easton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 59.3%.

Housing Supply in Easton, MD

How many homes are available in Easton, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
137143+4.4%

Summary: The Easton real estate market had 143 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1216
+33.3%
3 7272
0.0%
4 3434
0.0%
5+ 1719
+11.8%

Summary: The Easton 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2029+45.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Easton, you may be able to get a good deal. 75.9% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Easton in October 2024, up by 45.0% month-over-month. Of the 29 sold homes, 76% were sold under asking, 14% were sold at asking, and 10% were sold over asking.

Days on Market for Easton, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
104 Days58 Days-44.3%

Summary: Homes in Easton had an average of 58 days on market in Oct 2024, down by 44.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 29 homes were sold in Easton; 62% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

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