$5,284 Closing Credit*
$445,000
1,600 SqFt
5 Beds
•3 Full Baths, 1 Partial
Matthew Mark Bearinger, Listing Office: Keller Williams Flagship of Maryland
Is Glen, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Glen was a Neutral Market.
Key Takeaway
Glen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glen, MD
How much do homes in Glen, MD cost?
Median Sold Price
$232,494
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$2,405(-1.0%)
Key Takeaway
Homes in Glen have sold for 1% less than they did a year ago.
Summary: The median home sold price in Glen was $232,494 in December 2024, down 1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $50K | 0.0% |
| 2 Bedrooms | $64.5K | $107.5K | +66.7% |
| 3 Bedrooms | $230K | $239.9K | +4.3% |
| 4 Bedrooms | $319.5K | $279.9K | -12.4% |
| 5+ Bedrooms | $295K | $375K | +27.1% |
Summary: Glen 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 increased by 66.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes increased by 27.1%.
Housing Supply in Glen, MD
How many homes are available in Glen, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Summary: The Glen real estate market had 30 homes for sale in December 2024, a 7.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Glen housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Glen in December 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Glen, MD
How long does it take to sell a home in Glen, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 33 Days | 36 Days | +8.2% |
Summary: Homes in Glen had an average of 36 days on market in Dec 2024, up by 8.2% compared to last year.
Breakdown of Home Sale Times
4 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 Glen are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Glen; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
