$5,106 Closing Credit*
$430,000
1,564 SqFt
3 Beds
•2 Full Baths
Katie Mister, Listing Office: Keller Williams Select Realtors
Is Grasonville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Grasonville was a Seller's Market.
Key Takeaway
Grasonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grasonville, MD
How much do homes in Grasonville, MD cost?
Median Sold Price
$422,500
$185/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$88,050(+26.3%)
Key Takeaway
Homes in Grasonville have sold for 26.3% more than they did a month ago.
Summary: The median home sold price in Grasonville was $422,500 in December 2024, up 26.3% from last month, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $280K | - | N/A |
| 3 Bedrooms | $349.9K | - | N/A |
| 4 Bedrooms | - | $422.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Grasonville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Grasonville | $334.4K | $422.5K | +26.3% |
| Kent Narrows | $811K | $999.9K | +23.3% |
Housing Supply in Grasonville, MD
How many homes are available in Grasonville, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Grasonville real estate market had 17 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grasonville 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 decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grasonville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Grasonville in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Grasonville, MD
How long does it take to sell a home in Grasonville, MD?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 30 Days | 107 Days | +255.4% |
Summary: Homes in Grasonville had an average of 107 days on market in Dec 2024, up by 255.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Grasonville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 2 homes were sold in Grasonville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
