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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Issue is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Issue was a Neutral Market.

Key Takeaway

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

Housing Prices in Issue, MD

How much do homes in Issue, MD cost?

Median Sold Price

$465,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$30,410(-6.1%)

Key Takeaway

Homes in Issue have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Issue was $465,000 in September 2024, down 6.1% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $464.9K$445K
-4.3%
4 $495.4K$475K
-4.1%
5+ $559.9K$600K
+7.2%

Summary: Issue housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Cities

Newburg
+11.4%
Colonial Beach
+6.6%
Washington
+6.6%
Issue
-6.1%

Housing Supply in Issue, MD

How many homes are available in Issue, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1315+15.4%

Summary: The Issue real estate market had 15 homes for sale in September 2024, a 15.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 911
+22.2%
5+ 00
0.0%

Summary: The Issue 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 remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was 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 Issue, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Issue in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Issue, MD

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

Average Sale Time

Sep 2023Sep 2024CHANGE
12 Days3 Days-69.4%

Summary: Homes in Issue had an average of 3 days on market in Sep 2024, down by 69.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Issue; 100% of homes were sold within 30 days, 0% 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 29 Days Ago

Newest Listings in Issue, MD

Nearby Markets to Issue, MD

What housing markets are near Issue, MD?