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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marlton is a seller's market

Buyer's
Market

Difference Since December 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

$404,450

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$24,000(-5.6%)

Key Takeaway

Homes in Marlton have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Marlton was $404,450 in December 2024, down 5.6% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $345K$320K
-7.2%
3 $382K$379.9K
-0.5%
4 $456.5K$443K
-3.0%
5+ $520K$511K
-1.7%

Summary: Marlton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 1.7%.

Housing Supply in Marlton, MD

How many homes are available in Marlton, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
27270.0%

Summary: The Marlton real estate market had 27 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 119
-18.2%
5+ 89
+12.5%

Summary: The Marlton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marlton, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Marlton in December 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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

Dec 2023Dec 2024CHANGE
41 Days30 Days-25.2%

Summary: Homes in Marlton had an average of 30 days on market in Dec 2024, down by 25.2% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 7 homes were sold in Marlton; 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.

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

Report Updated 6 Days Ago

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