$4,026 Closing Credit*
$339,000
2,236 SqFt
Cindy Genther, Listing Office: Rock Hall Properties Real Estate
Is Kennedyville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kennedyville has remained a Seller's Market.
Key Takeaway
Kennedyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kennedyville, MD
How much do homes in Kennedyville, MD cost?
Median Sold Price
$251,799
$158/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$260,700(-50.9%)
Key Takeaway
Homes in Kennedyville have sold for 50.9% less than they did a month ago.
Summary: The median home sold price in Kennedyville was $251,799 in October 2024, down 50.9% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $475K | $328.5K | -30.8% |
| 4 Bedrooms | $550K | $175K | -68.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Kennedyville housing prices by bedroom type for October 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 decreased by 30.8%, 4 bedroom homes decreased by 68.2%, and 5+ bedroom homes did not change.
Housing Supply in Kennedyville, MD
How many homes are available in Kennedyville, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Kennedyville real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Kennedyville 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 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kennedyville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Kennedyville in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Kennedyville, MD
How long does it take to sell a home in Kennedyville, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 34 Days | +50.0% |
Summary: Homes in Kennedyville had an average of 34 days on market in Oct 2024, up by 50% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kennedyville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Kennedyville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
