$3,563 Closing Credit*
$300,000
1,600 SqFt
3 Beds
•3 Full Baths
Timothy Lee Joseph Dominick, Listing Office: Coldwell Banker Realty
Is Glenham / Belhar, 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, Glenham / Belhar was a Seller's Market.
Key Takeaway
Glenham / Belhar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glenham / Belhar, MD
How much do homes in Glenham / Belhar, MD cost?
Median Sold Price
$254,900
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$29,900(+13.3%)
Key Takeaway
Homes in Glenham / Belhar have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Glenham / Belhar was $254,900 in December 2024, up 13.3% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $156.5K | -13.0% |
| 3 Bedrooms | $220K | $213.7K | -2.8% |
| 4 Bedrooms | $279.9K | $317.5K | +13.4% |
| 5+ Bedrooms | $285K | $374.9K | +31.5% |
Summary: Glenham / Belhar 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 decreased by 13%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 31.5%.
Housing Supply in Glenham / Belhar, MD
How many homes are available in Glenham / Belhar, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Glenham / Belhar real estate market had 31 homes for sale in December 2024, a 6.9% increase 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 | 17 | 17 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Glenham / Belhar 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 remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenham / Belhar, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Glenham / Belhar in December 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Glenham / Belhar, MD
How long does it take to sell a home in Glenham / Belhar, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +97.4% |
Summary: Homes in Glenham / Belhar had an average of 51 days on market in Dec 2024, up by 97.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Glenham / Belhar has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Glenham / Belhar; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
