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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingsville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kingsville, MD

How much do homes in Kingsville, MD cost?

Median Sold Price

$612,500

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,500(+2.1%)

Key Takeaway

Homes in Kingsville have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Kingsville was $612,500 in November 2024, up 2.1% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $246.4K-
N/A
2 -$402.7K
N/A
3 $427.5K$445K
+4.1%
4 $565K$640K
+13.3%
5+ $755K$795K
+5.3%

Summary: Kingsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Joppa
+14.1%
Perry Hall
+3.3%
Kingsville
+2.1%

Housing Supply in Kingsville, MD

How many homes are available in Kingsville, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2320-13.0%

Summary: The Kingsville real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 108
-20.0%
5+ 55
0.0%

Summary: The Kingsville housing inventory by bedroom type for November 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 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingsville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Kingsville in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% 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

Nov 2023Nov 2024CHANGE
8 Days7 Days-6.1%

Summary: Homes in Kingsville had an average of 7 days on market in Nov 2024, down by 6.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 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.

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 Kingsville, MD

Nearby Markets to Kingsville, MD

What housing markets are near Kingsville, MD?