$3,799 Closing Credit*
$319,900
2,226 SqFt
3 Beds
•2 Full Baths
Christopher W Palazzi, Listing Office: Cummings & Co. Realtors
Is Glenham / Belhar, 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, Glenham / Belhar has remained a Seller's Market.
Key Takeaway
Glenham / Belhar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenham / Belhar, MD
How much do homes in Glenham / Belhar, MD cost?
Median Sold Price
$260,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,000(+16.1%)
Key Takeaway
Homes in Glenham / Belhar have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Glenham / Belhar was $260,000 in October 2024, up 16.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $155K | -7.5% |
| 3 Bedrooms | $201K | $220K | +9.5% |
| 4 Bedrooms | $265.5K | $306K | +15.3% |
| 5+ Bedrooms | $255K | $374.9K | +47.0% |
Summary: Glenham / Belhar 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 decreased by 7.5%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 47%.
Housing Supply in Glenham / Belhar, MD
How many homes are available in Glenham / Belhar, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Glenham / Belhar real estate market had 32 homes for sale in October 2024, a 6.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Glenham / Belhar 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenham / Belhar, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Glenham / Belhar in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 55 Days | +388.2% |
Summary: Homes in Glenham / Belhar had an average of 55 days on market in Oct 2024, up by 388.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Glenham / Belhar has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Glenham / Belhar; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
