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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jarrettsville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jarrettsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jarrettsville, MD

How much do homes in Jarrettsville, MD cost?

Median Sold Price

$540,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+0.9%)

Key Takeaway

Homes in Jarrettsville have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Jarrettsville was $540,000 in October 2024, up 0.9% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $365K$350K
-4.1%
3 $446.2K$430K
-3.6%
4 $565K$630K
+11.5%
5+ $780K$580K
-25.6%

Summary: Jarrettsville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 25.6%.

Median Sold Price Compared To Nearby Cities

Street
+15.0%
Forest Hill
+9.5%
Jarrettsville
+0.9%
White Hall
-2.9%
Fallston
-6.2%

Housing Supply in Jarrettsville, MD

How many homes are available in Jarrettsville, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2726-3.7%

Summary: The Jarrettsville real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1611
-31.3%
4 79
+28.6%
5+ 46
+50.0%

Summary: The Jarrettsville housing inventory by bedroom type for October 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 31.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jarrettsville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Jarrettsville in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Jarrettsville, MD

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

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days14 Days+175.6%

Summary: Homes in Jarrettsville had an average of 14 days on market in Oct 2024, up by 175.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Jarrettsville; 83% of homes were sold within 30 days, 17% 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 20 Days Ago

Newest Listings in Jarrettsville, MD

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