$3,443 Closing Credit*
$289,900
1,684 SqFt
3 Beds
•2 Full Baths
Karen T Clark, Listing Office: Clark & Co Realty, LLC
Is Federalsburg, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Federalsburg has remained a Neutral Market.
Key Takeaway
Federalsburg 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 Federalsburg, MD
How much do homes in Federalsburg, MD cost?
Median Sold Price
$200,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,000(-7.0%)
Key Takeaway
Homes in Federalsburg have sold for 7% less than they did a year ago.
Summary: The median home sold price in Federalsburg was $200,000 in November 2024, down 7% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $105K | N/A |
| 2 Bedrooms | $164K | $168K | +2.4% |
| 3 Bedrooms | $217K | $205K | -5.5% |
| 4 Bedrooms | $334.4K | $219K | -34.5% |
| 5+ Bedrooms | $251K | - | N/A |
Summary: Federalsburg 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 2.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 34.5%, and 5+ bedroom homes did not change.
Housing Supply in Federalsburg, MD
How many homes are available in Federalsburg, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Federalsburg real estate market had 24 homes for sale in November 2024, a 20.0% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Federalsburg 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 increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Federalsburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Federalsburg in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Federalsburg, MD
How long does it take to sell a home in Federalsburg, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 62 Days | +90.8% |
Summary: Homes in Federalsburg had an average of 62 days on market in Nov 2024, up by 90.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Federalsburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Federalsburg; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
