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 Last Month

Last month, 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

$482,500

$210/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$32,500(+7.2%)

Key Takeaway

Homes in Issue have sold for 7.2% more than they did a month ago.

Summary: The median home sold price in Issue was $482,500 in December 2024, up 7.2% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$417.5K
N/A
4 $450K$535K
+18.9%
5+ --
N/A

Summary: Issue housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.

Housing Supply in Issue, MD

How many homes are available in Issue, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1413-7.1%

Summary: The Issue real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 108
-20.0%
5+ 23
+50.0%

Summary: The Issue 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Issue in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
28 Days36 Days+31.3%

Summary: Homes in Issue had an average of 36 days on market in Dec 2024, up by 31.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 4 homes were sold in Issue; 50% of homes were sold within 30 days, 25% 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 4 Days Ago

Newest Listings in Issue, MD

Nearby Markets to Issue, MD

What housing markets are near Issue, MD?