$3,799 Closing Credit*
$319,900
1,040 SqFt
2 Beds
•2 Full Baths
Stephanie D Gormas, Listing Office: CENTURY 21 New Millennium
Is Indian Head, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Indian Head was a Seller's Market.
Key Takeaway
Indian Head is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Indian Head, MD
How much do homes in Indian Head, MD cost?
Median Sold Price
$307,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$48,947(-13.7%)
Key Takeaway
Homes in Indian Head have sold for 13.7% less than they did a year ago.
Summary: The median home sold price in Indian Head was $307,500 in November 2024, down 13.7% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $355.5K | +48.1% |
| 2 Bedrooms | $140K | $124.7K | -10.9% |
| 3 Bedrooms | $364.9K | $292.5K | -19.8% |
| 4 Bedrooms | $385K | $394K | +2.3% |
| 5+ Bedrooms | $540K | $569.9K | +5.6% |
Summary: Indian Head housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes decreased by 19.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Indian Head, MD
How many homes are available in Indian Head, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 63 | 0.0% |
Summary: The Indian Head real estate market had 63 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 20 | +42.9% |
| 3 Bedrooms | 24 | 21 | -12.5% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Indian Head 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 42.9%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Head, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Indian Head in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 10% were sold under asking, 20% were sold at asking, and 70% were sold over asking.
Days on Market for Indian Head, MD
How long does it take to sell a home in Indian Head, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 34 Days | +53.0% |
Summary: Homes in Indian Head had an average of 34 days on market in Nov 2024, up by 53% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Indian Head are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Indian Head; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
