$4,394 Closing Credit*
$370,000
1,296 SqFt
3 Beds
•2 Full Baths, 2 Partial
Yu Jun Sun, Listing Office: Redfin Corp
Is Marlboro Village, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Marlboro Village has remained a Seller's Market.
Key Takeaway
Marlboro Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marlboro Village, MD
How much do homes in Marlboro Village, MD cost?
Median Sold Price
$339,900
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$9,900(+3.0%)
Key Takeaway
Homes in Marlboro Village have sold for 3% more than they did a year ago.
Summary: The median home sold price in Marlboro Village was $339,900 in December 2024, up 3% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $180K | -2.7% |
| 2 Bedrooms | $290K | $300K | +3.4% |
| 3 Bedrooms | $375K | $369.9K | -1.4% |
| 4 Bedrooms | $554.5K | $572K | +3.2% |
| 5+ Bedrooms | $687.5K | $642.5K | -6.5% |
Summary: Marlboro Village housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Marlboro Village | $330K | $339.9K | +3.0% |
| Marlborough Village | $319.5K | $315K | -1.4% |
Housing Supply in Marlboro Village, MD
How many homes are available in Marlboro Village, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Marlboro Village real estate market had 34 homes for sale in December 2024, a 5.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Marlboro Village housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marlboro Village, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Marlboro Village in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Marlboro Village, MD
How long does it take to sell a home in Marlboro Village, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 26 Days | 24 Days | -5.5% |
Summary: Homes in Marlboro Village had an average of 24 days on market in Dec 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marlboro Village are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Marlboro Village; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
