$9,322 Closing Credit*
$785,000
4,789 SqFt
5 Beds
•3 Full Baths, 1 Partial
Laura M Snyder, Listing Office: American Premier Realty, LLC
Is Glen Arm, 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, Glen Arm has remained a Seller's Market.
Key Takeaway
Glen Arm is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glen Arm, MD
How much do homes in Glen Arm, MD cost?
Median Sold Price
$605,000
$203/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Glen Arm has remained the same since last year.
Summary: The median home sold price in Glen Arm was $605,000 in November 2024, the same as last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $342.5K | $434.5K | +26.9% |
| 3 Bedrooms | $500K | $498.7K | -0.3% |
| 4 Bedrooms | $615K | $660K | +7.3% |
| 5+ Bedrooms | $750K | $732.5K | -2.3% |
Summary: Glen Arm 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 26.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Parkville | $288.3K | $304.5K | +5.6% |
| Perry Hall | $399K | $412K | +3.3% |
| Glen Arm | $605K | $605K | 0.0% |
Housing Supply in Glen Arm, MD
How many homes are available in Glen Arm, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Glen Arm real estate market had 16 homes for sale in November 2024, a 5.9% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Glen Arm 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Arm, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Glen Arm in November 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Glen Arm, MD
How long does it take to sell a home in Glen Arm, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 22 Days | -69.6% |
Summary: Homes in Glen Arm had an average of 22 days on market in Nov 2024, down by 69.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glen Arm are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Glen Arm; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
