$1,425 Closing Credit*
$120,000
672 SqFt
2 Beds
•1 Full Bath
Ron Lord, Listing Office: Home Towne Real Estate
Is Indian Head, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Indian Head has remained a Seller's Market.
Key Takeaway
Indian Head is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indian Head, MD
How much do homes in Indian Head, MD cost?
Median Sold Price
$320,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$34,480(-9.7%)
Key Takeaway
Homes in Indian Head have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in Indian Head was $320,000 in December 2024, down 9.7% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $355.5K | +48.1% |
| 2 Bedrooms | $140K | $126.7K | -9.5% |
| 3 Bedrooms | $358.4K | $300K | -16.3% |
| 4 Bedrooms | $380K | $425K | +11.8% |
| 5+ Bedrooms | $540K | $564.9K | +4.6% |
Summary: Indian Head housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 4.6%.
Housing Supply in Indian Head, MD
How many homes are available in Indian Head, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 61 | 54 | -11.5% |
Summary: The Indian Head real estate market had 54 homes for sale in December 2024, a 11.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Indian Head housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Head, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Indian Head in December 2024, up by 20.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 50% were sold at asking, and 42% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 34 Days | +6.0% |
Summary: Homes in Indian Head had an average of 34 days on market in Dec 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
8 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 December 2024, 12 homes were sold in Indian Head; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
