$9,084 Closing Credit*
$765,000
4,205 SqFt
5 Beds
•3 Full Baths, 1 Partial
Megan K Richardson, Listing Office: Cummings & Co. Realtors
Is Kingsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Kingsville was a Neutral Market.
Key Takeaway
Kingsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kingsville, MD
How much do homes in Kingsville, MD cost?
Median Sold Price
$547,500
$207/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$270,000(-33.0%)
Key Takeaway
Homes in Kingsville have sold for 33% less than they did a month ago.
Summary: The median home sold price in Kingsville was $547,500 in September 2024, down 33% from last month, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $435K | $455K | +4.6% |
| 4 Bedrooms | - | $640K | N/A |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Kingsville housing prices by bedroom type for September 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 increased by 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Kingsville, MD
How many homes are available in Kingsville, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 21 | +50.0% |
Summary: The Kingsville real estate market had 21 homes for sale in September 2024, a 50.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Kingsville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 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 Kingsville, 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 Kingsville in September 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 Kingsville, MD
How long does it take to sell a home in Kingsville, MD?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 Days | 10 Days | -59.6% |
Summary: Homes in Kingsville had an average of 10 days on market in Sep 2024, down by 59.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kingsville are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Kingsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
