$4,452 Closing Credit*
$374,900
1,444 SqFt
3 Beds
•3 Full Baths, 1 Partial
Aaron Lamere, Listing Office: Century 21 Redwood Realty
Is Glenmont, 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, Glenmont has remained a Seller's Market.
Key Takeaway
Glenmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenmont, MD
How much do homes in Glenmont, MD cost?
Median Sold Price
$570,500
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29,500(-4.9%)
Key Takeaway
Homes in Glenmont have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Glenmont was $570,500 in October 2024, down 4.9% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $198K | +4.2% |
| 2 Bedrooms | $273.5K | $420K | +53.6% |
| 3 Bedrooms | $475.8K | $475K | -0.2% |
| 4 Bedrooms | $632.5K | $657.5K | +4.0% |
| 5+ Bedrooms | $632K | $709.2K | +12.2% |
Summary: Glenmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 53.6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in Glenmont, MD
How many homes are available in Glenmont, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Glenmont real estate market had 33 homes for sale in October 2024, a 13.8% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Glenmont 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 increased by 12.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenmont, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Glenmont in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.
Days on Market for Glenmont, MD
How long does it take to sell a home in Glenmont, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 24 Days | +141.0% |
Summary: Homes in Glenmont had an average of 24 days on market in Oct 2024, up by 141% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenmont are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Glenmont; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
