$9,202 Closing Credit*
$774,900
3,919 SqFt
5 Beds
•3 Full Baths, 1 Partial
Paulette M Ladas, Listing Office: RLAH @properties
Is Glenmont, 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, 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
$601,600
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,600(+2.0%)
Key Takeaway
Homes in Glenmont have sold for 2% more than they did a year ago.
Summary: The median home sold price in Glenmont was $601,600 in November 2024, up 2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $198K | +4.2% |
| 2 Bedrooms | $361K | $406.5K | +12.6% |
| 3 Bedrooms | $472.9K | $482.5K | +2.0% |
| 4 Bedrooms | $632.5K | $657.5K | +4.0% |
| 5+ Bedrooms | $636K | $715K | +12.4% |
Summary: Glenmont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Glenmont | $590K | $601.6K | +2.0% |
| Tivoli | $485.7K | $495K | +1.9% |
Housing Supply in Glenmont, MD
How many homes are available in Glenmont, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 25 | -21.9% |
Summary: The Glenmont real estate market had 25 homes for sale in November 2024, a 21.9% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Glenmont 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was 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. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Glenmont in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 15 Days | +26.1% |
Summary: Homes in Glenmont had an average of 15 days on market in Nov 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glenmont are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Glenmont; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
