Is Historic Hyattsville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Historic Hyattsville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Historic Hyattsville, MD

How much do homes in Historic Hyattsville, MD cost?

Median Sold Price

$550,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,000(+3.6%)

Key Takeaway

Homes in Historic Hyattsville have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Historic Hyattsville was $550,000 in November 2024, up 3.6% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$151.2K
+8.0%
2 $192.4K$225K
+16.9%
3 $555K$550K
-0.9%
4 $545.8K$746.5K
+36.8%
5+ $750K$645K
-14.0%

Summary: Historic Hyattsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 16.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 14%.

Housing Supply in Historic Hyattsville, MD

How many homes are available in Historic Hyattsville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3334+3.0%

Summary: The Historic Hyattsville real estate market had 34 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 69
+50.0%
3 1513
-13.3%
4 76
-14.3%
5+ 34
+33.3%

Summary: The Historic Hyattsville 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 increased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Historic Hyattsville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Historic Hyattsville in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Historic Hyattsville, MD

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days33 Days+35.0%

Summary: Homes in Historic Hyattsville had an average of 33 days on market in Nov 2024, up by 35% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Historic Hyattsville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Historic Hyattsville; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

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