$5,818 Closing Credit*
$489,900
2,086 SqFt
3 Beds
•2 Full Baths
Robert R Marsh, Listing Office: Marsh Realty
Is Emmitsburg, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Emmitsburg was a Seller's Market.
Key Takeaway
Emmitsburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Emmitsburg, MD
How much do homes in Emmitsburg, MD cost?
Median Sold Price
$347,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$77,500(-18.2%)
Key Takeaway
Homes in Emmitsburg have sold for 18.2% less than they did a year ago.
Summary: The median home sold price in Emmitsburg was $347,500 in October 2024, down 18.2% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $186.5K | $245.5K | +31.6% |
| 3 Bedrooms | $315K | $266.2K | -15.5% |
| 4 Bedrooms | $489.5K | $499K | +1.9% |
| 5+ Bedrooms | $385K | - | N/A |
Summary: Emmitsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 15.5%, 4 bedroom homes increased by 1.9%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Emmitsburg real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Emmitsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 Emmitsburg, 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 Emmitsburg in October 2024, the same as the previous 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 Emmitsburg, MD
How long does it take to sell a home in Emmitsburg, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 29 Days | +12.3% |
Summary: Homes in Emmitsburg had an average of 29 days on market in Oct 2024, up by 12.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 October 2024, 2 homes were sold in Emmitsburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
