$2,969 Closing Credit*
$250,000
1,100 SqFt
4 Beds
•2 Full Baths
Wes D Fream, Listing Office: Shank & Associates Realty Llc
Is Emmitsburg, 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, Emmitsburg was a Seller's Market.
Key Takeaway
Emmitsburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Emmitsburg, MD
How much do homes in Emmitsburg, MD cost?
Median Sold Price
$347,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$57,500(-14.2%)
Key Takeaway
Homes in Emmitsburg have sold for 14.2% less than they did a year ago.
Summary: The median home sold price in Emmitsburg was $347,500 in November 2024, down 14.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $186.5K | $235.2K | +26.1% |
| 3 Bedrooms | $287.5K | $275K | -4.3% |
| 4 Bedrooms | $494K | $499K | +1.0% |
| 5+ Bedrooms | $385K | - | N/A |
Summary: Emmitsburg 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 increased by 26.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes did not change.
Housing Supply in Emmitsburg, MD
How many homes are available in Emmitsburg, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Emmitsburg real estate market had 15 homes for sale in November 2024, a 36.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 5 | +400.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Emmitsburg 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 remained the same, 3 bedroom homes increased by 400%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Emmitsburg, 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 Emmitsburg in November 2024, down by 50.0% 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 Emmitsburg, MD
How long does it take to sell a home in Emmitsburg, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 8 Days | -38.5% |
Summary: Homes in Emmitsburg had an average of 8 days on market in Nov 2024, down by 38.5% compared to last year.
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 Emmitsburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Emmitsburg; 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.
