Housing Prices in Mardela Springs, MD

How much do homes in Mardela Springs, MD cost?

Median List Price

$315,450

$172/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$95,550(+43.5%)

Key Takeaway

The list price of homes in Mardela Springs has increased by 43.5% since April.

Summary: The median home list price in Mardela Springs was $315,450 in May 2024, up 43.5% from the previous month, and the median price per square foot was $172.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $525K$525K
0.0%
3 $219.9K$219.9K
0.0%
4 $169.9K$457.4K
+169.2%
5+ --
N/A

Summary: Mardela Springs housing prices by bedroom type for May 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 did not change, 4 bedroom homes increased by 169.2%, and 5+ bedroom homes did not change.

Housing Supply in Mardela Springs, MD

How many homes are available in Mardela Springs, MD?

Number of Homes For Sale

Apr 2024May 2024CHANGE
712+71.4%

Summary: The Mardela Springs real estate market had 12 homes for sale in May 2024, a 71.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 57
+40.0%
4 14
+300.0%
5+ 00
0.0%

Summary: The Mardela Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Days on Market for Mardela Springs, MD

How long does it take to sell a home in Mardela Springs, MD?

Average Listing Age

Apr 2024May 2024CHANGE
62 Days44 Days-29.2%

Summary: Homes in Mardela Springs had an average listing age of 44 days in May 2024, down by 29.2% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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