$5,521 Closing Credit*
$464,900
1,400 SqFt
3 Beds
•2 Full Baths
Matthew David Musso, Listing Office: EXP Realty, LLC
Is Fallston, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Fallston has remained a Seller's Market.
Key Takeaway
Fallston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fallston, MD
How much do homes in Fallston, MD cost?
Median Sold Price
$536,750
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$17,000(-3.1%)
Key Takeaway
Homes in Fallston have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Fallston was $536,750 in September 2024, down 3.1% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $320K | N/A |
| 2 Bedrooms | $275K | $500K | +81.8% |
| 3 Bedrooms | $456.5K | $485K | +6.2% |
| 4 Bedrooms | $575K | $554.9K | -3.5% |
| 5+ Bedrooms | $663K | $680K | +2.6% |
Summary: Fallston housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
| Forest Hill | $399.9K | $465K | +16.3% |
| Baldwin | $664K | $650K | -2.1% |
| Fallston | $553.7K | $536.7K | -3.1% |
Housing Supply in Fallston, MD
How many homes are available in Fallston, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 39 | 42 | +7.7% |
Summary: The Fallston real estate market had 42 homes for sale in September 2024, a 7.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Fallston housing inventory by bedroom type for September 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 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fallston, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Fallston in September 2024, up by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Fallston, MD
How long does it take to sell a home in Fallston, MD?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 24 Days | +34.7% |
Summary: Homes in Fallston had an average of 24 days on market in Sep 2024, up by 34.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fallston are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 12 homes were sold in Fallston; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
