Is Four by Four, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Four by Four is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Four by Four has remained a Buyer's Market.

Key Takeaway

Four by Four is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Four by Four, MD

How much do homes in Four by Four, MD cost?

Median Sold Price

$161,000

$140/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$90,500(+128.4%)

Key Takeaway

Homes in Four by Four have sold for 128.4% more than they did a month ago.

Summary: The median home sold price in Four by Four was $161,000 in October 2024, up 128.4% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $70.5K$185K
+162.4%
3 $89K$137K
+53.9%
4 --
N/A
5+ --
N/A

Summary: Four by Four housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 162.4%, 3 bedroom homes increased by 53.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Four by Four, MD

How many homes are available in Four by Four, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2221-4.5%

Summary: The Four by Four real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1818
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Four by Four housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Four by Four, 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 Four by Four in October 2024, down by 33.3% month-over-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 Four by Four, MD

How long does it take to sell a home in Four by Four, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
30 Days46 Days+50.0%

Summary: Homes in Four by Four had an average of 46 days on market in Oct 2024, up by 50% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Four by Four has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Four by Four; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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