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 September 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

$399,990

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,140(+1.0%)

Key Takeaway

Homes in Havre de Grace have sold for 1% more than they did a year ago.

Summary: The median home sold price in Havre de Grace was $399,990 in September 2024, up 1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $170K$265K
+55.9%
2 $267.5K$344.1K
+28.7%
3 $380K$375K
-1.3%
4 $442.4K$405K
-8.5%
5+ $587.5K$479.5K
-18.4%

Summary: Havre de Grace housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.9%, 2 bedroom homes increased by 28.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 18.4%.

Median Sold Price Compared To Nearby Cities

Aberdeen
+3.2%
Havre de Grace
+1.0%

Housing Supply in Havre de Grace, MD

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
117127+8.5%

Summary: The Havre de Grace real estate market had 127 homes for sale in September 2024, a 8.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 2222
0.0%
3 3541
+17.1%
4 4751
+8.5%
5+ 1111
0.0%

Summary: The Havre de Grace housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1924+26.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Havre de Grace, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Havre de Grace in September 2024, up by 26.3% month-over-month. Of the 24 sold homes, 25% were sold under asking, 29% were sold at asking, and 46% 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

Sep 2023Sep 2024CHANGE
23 Days33 Days+41.7%

Summary: Homes in Havre de Grace had an average of 33 days on market in Sep 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 24 homes were sold in Havre de Grace; 58% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 4% 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 29 Days Ago

Newest Listings in Havre de Grace, MD

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