$249,000
1.26 Acres
Land
Timothy O Olawuni Jr., Listing Office: Fairfax Realty Premier
Is Glenn Dale, 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, Glenn Dale was a Seller's Market.
Key Takeaway
Glenn Dale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Glenn Dale, MD
How much do homes in Glenn Dale, MD cost?
Median Sold Price
$579,990
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$60,090(+11.6%)
Key Takeaway
Homes in Glenn Dale have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Glenn Dale was $579,990 in December 2024, up 11.6% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $392.5K | $417.5K | +6.4% |
| 3 Bedrooms | $435K | $450K | +3.4% |
| 4 Bedrooms | $575K | $579.9K | +0.9% |
| 5+ Bedrooms | $683.2K | $750K | +9.8% |
Summary: Glenn Dale 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 increased by 6.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in Glenn Dale, MD
How many homes are available in Glenn Dale, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 53 | 42 | -20.8% |
Summary: The Glenn Dale real estate market had 42 homes for sale in December 2024, a 20.8% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 34 | 25 | -26.5% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Glenn Dale 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 decreased by 37.5%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenn Dale, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Glenn Dale in December 2024, down by 57.1% month-over-month. Of the 6 sold homes, 17% were sold under asking, 83% were sold at asking, and 0% were sold over asking.
Days on Market for Glenn Dale, MD
How long does it take to sell a home in Glenn Dale, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 62 Days | +75.9% |
Summary: Homes in Glenn Dale had an average of 62 days on market in Dec 2024, up by 75.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Glenn Dale are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Glenn Dale; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
