$5,936 Closing Credit*
$499,900
1,232 SqFt
3 Beds
•2 Full Baths
Carroll R Glass, Listing Office: J&B Real Estate
Is Keymar, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Keymar was a Neutral Market.
Key Takeaway
Keymar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Keymar, MD
How much do homes in Keymar, MD cost?
Median Sold Price
$517,500
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$142,500(+38.0%)
Key Takeaway
Homes in Keymar have sold for 38% more than they did a year ago.
Summary: The median home sold price in Keymar was $517,500 in October 2024, up 38% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $492.5K | +58.9% |
| 3 Bedrooms | $355K | $399K | +12.4% |
| 4 Bedrooms | $432.5K | $675K | +56.1% |
| 5+ Bedrooms | $525K | $1.1M | +119.0% |
Summary: Keymar 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 increased by 58.9%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 56.1%, and 5+ bedroom homes increased by 119%.
Median Sold Price Compared To Nearby Cities
| Keymar | $375K | $517.5K | +38.0% |
| Woodsboro | $460K | $587K | +27.6% |
| Union Bridge | $370K | $370K | 0.0% |
Housing Supply in Keymar, MD
How many homes are available in Keymar, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Keymar real estate market had 10 homes for sale in October 2024, a 11.1% increase 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Keymar 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 decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Keymar, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Keymar in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Keymar, MD
How long does it take to sell a home in Keymar, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 12 Days | +320.0% |
Summary: Homes in Keymar had an average of 12 days on market in Oct 2024, up by 320% compared to last year.
Breakdown of Home Sale Times
4 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 Keymar are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Keymar; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
