$5,213 Closing Credit*
$439,000
1,707 SqFt
3 Beds
•1 Full Bath, 2 Partial
Joseph Norman, Listing Office: Keller Williams Gateway LLC
Is Jarrettsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | $350K | -4.1% |
| 3 Bedrooms | $446.2K | $430K | -3.6% |
| 4 Bedrooms | $565K | $630K | +11.5% |
| 5+ Bedrooms | $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 | $500K | $575K | +15.0% |
| Forest Hill | $420K | $460K | +9.5% |
| Jarrettsville | $535K | $540K | +0.9% |
| White Hall | $517.5K | $502.5K | -2.9% |
| Fallston | $564.9K | $530K | -6.2% |
Housing Supply in Jarrettsville, MD
How many homes are available in Jarrettsville, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 4 | 6 | +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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 14 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
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.
