Is Grantsville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grantsville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Grantsville was a Seller's Market.

Key Takeaway

Grantsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Grantsville, MD

How much do homes in Grantsville, MD cost?

Median Sold Price

$232,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$35,000(-13.1%)

Key Takeaway

Homes in Grantsville have sold for 13.1% less than they did a year ago.

Summary: The median home sold price in Grantsville was $232,000 in November 2024, down 13.1% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K-
N/A
2 $271.2K$85K
-68.7%
3 $267K$236.9K
-11.3%
4 $244.5K$386.5K
+58.1%
5+ $387.5K$722K
+86.3%

Summary: Grantsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 68.7%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 58.1%, and 5+ bedroom homes increased by 86.3%.

Housing Supply in Grantsville, MD

How many homes are available in Grantsville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Grantsville real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 67
+16.7%
4 33
0.0%
5+ 11
0.0%

Summary: The Grantsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grantsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Grantsville in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Grantsville, MD

How long does it take to sell a home in Grantsville, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
81 Days61 Days-24.9%

Summary: Homes in Grantsville had an average of 61 days on market in Nov 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grantsville has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Grantsville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Grantsville, MD

Nearby Markets to Grantsville, MD