Is Havre de Grace, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Havre de Grace is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Havre de Grace has remained a Seller's Market.

Key Takeaway

Havre de Grace is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Havre de Grace, MD

How much do homes in Havre de Grace, MD cost?

Median Sold Price

$400,186

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,186(+2.6%)

Key Takeaway

Homes in Havre de Grace have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Havre de Grace was $400,186 in November 2024, up 2.6% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K$265K
+55.9%
2 $270K$348.5K
+29.1%
3 $370K$395K
+6.8%
4 $420K$413.4K
-1.6%
5+ $587.5K$509.5K
-13.3%

Summary: Havre de Grace housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.9%, 2 bedroom homes increased by 29.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 13.3%.

Median Sold Price Compared To Nearby Cities

Aberdeen
+3.1%
Havre de Grace
+2.6%

Housing Supply in Havre de Grace, MD

How many homes are available in Havre de Grace, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11198-11.7%

Summary: The Havre de Grace real estate market had 98 homes for sale in November 2024, a 11.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1917
-10.5%
3 3739
+5.4%
4 4334
-20.9%
5+ 128
-33.3%

Summary: The Havre de Grace 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 10.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3528-20.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Havre de Grace, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Havre de Grace in November 2024, down by 20.0% month-over-month. Of the 28 sold homes, 36% were sold under asking, 32% were sold at asking, and 32% were sold over asking.

Days on Market for Havre de Grace, MD

How long does it take to sell a home in Havre de Grace, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days49 Days+133.0%

Summary: Homes in Havre de Grace had an average of 49 days on market in Nov 2024, up by 133% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Havre de Grace are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in Havre de Grace; 57% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

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