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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlandtown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Highlandtown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Highlandtown, MD

How much do homes in Highlandtown, MD cost?

Median Sold Price

$330,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+3.1%)

Key Takeaway

Homes in Highlandtown have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Highlandtown was $330,000 in October 2024, up 3.1% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$241.5K
+5.0%
2 $252.5K$250K
-1.0%
3 $335.5K$335K
-0.1%
4 $435K$421K
-3.2%
5+ $220K-
N/A

Summary: Highlandtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Highlandtown
+3.1%
Patterson Park
+1.4%
Southeast
-0.3%
Baltimore Highlands
-13.4%

Housing Supply in Highlandtown, MD

How many homes are available in Highlandtown, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2428+16.7%

Summary: The Highlandtown real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 1112
+9.1%
4 34
+33.3%
5+ 00
0.0%

Summary: The Highlandtown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highlandtown, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Highlandtown in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Highlandtown, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days31 Days-12.7%

Summary: Homes in Highlandtown had an average of 31 days on market in Oct 2024, down by 12.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were 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 Highlandtown has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Highlandtown; 43% of homes were sold within 30 days, 57% 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 16 Days Ago

Newest Listings in Highlandtown, MD

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