$1,721 Closing Credit*
$144,900
1,020 SqFt
3 Beds
•1 Full Bath
Lisa F Ciofani, Listing Office: Cummings & Co. Realtors
Is Middle River, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Middle River has remained a Seller's Market.
Key Takeaway
Middle River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middle River, MD
How much do homes in Middle River, MD cost?
Median Sold Price
$317,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,000(+2.3%)
Key Takeaway
Homes in Middle River have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Middle River was $317,000 in November 2024, up 2.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $275K | +44.7% |
| 2 Bedrooms | $228K | $231.4K | +1.5% |
| 3 Bedrooms | $285K | $290.5K | +1.9% |
| 4 Bedrooms | $375K | $412.5K | +10.0% |
| 5+ Bedrooms | $428K | $580K | +35.5% |
Summary: Middle River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.7%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 35.5%.
Housing Supply in Middle River, MD
How many homes are available in Middle River, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 128 | -8.6% |
Summary: The Middle River real estate market had 128 homes for sale in November 2024, a 8.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 72 | 68 | -5.6% |
| 4 Bedrooms | 37 | 27 | -27.0% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Middle River 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 5.6%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 27 | -28.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middle River, expect to pay close to the asking price. 40.7% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in Middle River in November 2024, down by 28.9% month-over-month. Of the 27 sold homes, 22% were sold under asking, 41% were sold at asking, and 37% were sold over asking.
Days on Market for Middle River, MD
How long does it take to sell a home in Middle River, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 36 Days | +130.8% |
Summary: Homes in Middle River had an average of 36 days on market in Nov 2024, up by 130.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middle River are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Middle River; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
