$2,969 Closing Credit*
$249,999
1,260 SqFt
3 Beds
•3 Full Baths
Joanna W Chaffee, Listing Office: EXP Realty, LLC
Is Ellwood Park / Monument, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ellwood Park / Monument was a Seller's Market.
Key Takeaway
Ellwood Park / Monument is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ellwood Park / Monument, MD
How much do homes in Ellwood Park / Monument, MD cost?
Median Sold Price
$140,000
$156/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$50,714(+56.8%)
Key Takeaway
Homes in Ellwood Park / Monument have sold for 56.8% more than they did a month ago.
Summary: The median home sold price in Ellwood Park / Monument was $140,000 in November 2024, up 56.8% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $79.6K | - | N/A |
| 3 Bedrooms | $89.2K | $140K | +56.8% |
| 4 Bedrooms | $89.2K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ellwood Park / Monument housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ellwood Park / Monument, MD
How many homes are available in Ellwood Park / Monument, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 11 | -38.9% |
Summary: The Ellwood Park / Monument real estate market had 11 homes for sale in November 2024, a 38.9% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ellwood Park / Monument 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 decreased by 36.4%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 1 | -90.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellwood Park / Monument, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ellwood Park / Monument in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ellwood Park / Monument, MD
How long does it take to sell a home in Ellwood Park / Monument, MD?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 104 Days | 17 Days | -83.7% |
Summary: Homes in Ellwood Park / Monument had an average of 17 days on market in Nov 2024, down by 83.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ellwood Park / Monument are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Ellwood Park / Monument; 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.
