$3,743 Closing Credit*
$315,200
1,008 SqFt
3 Beds
•1 Full Bath, 1 Partial
Walter L Spann, Listing Office: RE/MAX United Real Estate
Is Glassmanor, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Glassmanor has remained a Seller's Market.
Key Takeaway
Glassmanor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glassmanor, MD
How much do homes in Glassmanor, MD cost?
Median Sold Price
$350,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.9%)
Key Takeaway
Homes in Glassmanor have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Glassmanor was $350,000 in October 2024, up 2.9% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215.5K | $305K | +41.5% |
| 3 Bedrooms | $345K | $320K | -7.2% |
| 4 Bedrooms | $349.3K | $439K | +25.7% |
| 5+ Bedrooms | $430K | $479K | +11.4% |
Summary: Glassmanor 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 41.5%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes increased by 11.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Sylvan Heights | $354.9K | $385K | +8.5% |
| Glassmanor | $340K | $350K | +2.9% |
Housing Supply in Glassmanor, MD
How many homes are available in Glassmanor, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 41 | +13.9% |
Summary: The Glassmanor real estate market had 41 homes for sale in October 2024, a 13.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Glassmanor 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 increased by 14.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glassmanor, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Glassmanor in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Glassmanor, MD
How long does it take to sell a home in Glassmanor, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 26 Days | +42.3% |
Summary: Homes in Glassmanor had an average of 26 days on market in Oct 2024, up by 42.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glassmanor are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Glassmanor; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
