$4,869 Closing Credit*
$410,000
1,600 SqFt
3 Beds
•2 Full Baths
Mandy Kaur, Listing Office: Redfin Corp
Is Friendly, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Friendly has remained a Seller's Market.
Key Takeaway
Friendly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Friendly, MD
How much do homes in Friendly, MD cost?
Median Sold Price
$460,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,500(+5.1%)
Key Takeaway
Homes in Friendly have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Friendly was $460,000 in December 2024, up 5.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | - | N/A |
| 3 Bedrooms | $390K | $400K | +2.6% |
| 4 Bedrooms | $442.4K | $454.9K | +2.8% |
| 5+ Bedrooms | $464K | $499K | +7.5% |
Summary: Friendly housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 7.5%.
Housing Supply in Friendly, MD
How many homes are available in Friendly, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Summary: The Friendly real estate market had 28 homes for sale in December 2024, a 6.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Friendly housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Friendly, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Friendly in December 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Friendly, MD
How long does it take to sell a home in Friendly, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 31 Days | +23.6% |
Summary: Homes in Friendly had an average of 31 days on market in Dec 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Friendly are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Friendly; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
