$7,897 Closing Credit*
$665,000
2,996 SqFt
4 Beds
•3 Full Baths, 1 Partial
Douglas A Reyes, Listing Office: Smart Realty, LLC
Is Marlton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Marlton has remained a Seller's Market.
Key Takeaway
Marlton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marlton, MD
How much do homes in Marlton, MD cost?
Median Sold Price
$403,900
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,100(-5.0%)
Key Takeaway
Homes in Marlton have sold for 5% less than they did a year ago.
Summary: The median home sold price in Marlton was $403,900 in October 2024, down 5% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $327.5K | $325K | -0.8% |
| 3 Bedrooms | $385K | $379.9K | -1.3% |
| 4 Bedrooms | $452.5K | $448K | -1.0% |
| 5+ Bedrooms | $520K | $510.5K | -1.8% |
Summary: Marlton 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 decreased by 0.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Croom | $595.5K | $652.5K | +9.6% |
| Marlton | $425K | $403.9K | -5.0% |
Housing Supply in Marlton, MD
How many homes are available in Marlton, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The Marlton real estate market had 32 homes for sale in October 2024, a 10.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Marlton 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 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marlton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Marlton in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Marlton, MD
How long does it take to sell a home in Marlton, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 21 Days | +150.0% |
Summary: Homes in Marlton had an average of 21 days on market in Oct 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
6 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 Marlton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Marlton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
