$4,691 Closing Credit*
$395,000
1,192 SqFt
3 Beds
•2 Full Baths, 1 Partial
David David Zouhongbe, Listing Office: HomeSmart
Is Glenarden, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Glenarden was a Seller's Market.
Key Takeaway
Glenarden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glenarden, MD
How much do homes in Glenarden, MD cost?
Median Sold Price
$467,137
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,137(+12.8%)
Key Takeaway
Homes in Glenarden have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Glenarden was $467,137 in November 2024, up 12.8% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $261K | $333K | +27.6% |
| 3 Bedrooms | $359.3K | $387.5K | +7.8% |
| 4 Bedrooms | $472.5K | $475K | 0.5% |
| 5+ Bedrooms | $678K | $777.1K | +14.6% |
Summary: Glenarden 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 27.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 14.6%.
Housing Supply in Glenarden, MD
How many homes are available in Glenarden, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Glenarden real estate market had 18 homes for sale in November 2024, a 20.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glenarden 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 increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -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
Key Takeaway
If you're buying a home in Glenarden, 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 Glenarden in November 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 Glenarden, MD
How long does it take to sell a home in Glenarden, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 34 Days | +283.3% |
Summary: Homes in Glenarden had an average of 34 days on market in Nov 2024, up by 283.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glenarden are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Glenarden; 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.
