$2,196 Closing Credit*
$184,900
1,200 SqFt
3 Beds
•1 Full Bath, 1 Partial
Tiffany S Domneys, Listing Office: ExecuHome Realty
Is Milton / Montford, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Milton / Montford was a Seller's Market.
Key Takeaway
Milton / Montford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Milton / Montford, MD
How much do homes in Milton / Montford, MD cost?
Median Sold Price
$148,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,500(-6.0%)
Key Takeaway
Homes in Milton / Montford have sold for 6% less than they did a year ago.
Summary: The median home sold price in Milton / Montford was $148,000 in November 2024, down 6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $110K | -4.3% |
| 3 Bedrooms | $139.9K | $152K | +8.6% |
| 4 Bedrooms | $257.5K | $316K | +22.7% |
| 5+ Bedrooms | $315K | - | N/A |
Summary: Milton / Montford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| East | $120K | $129.9K | +8.3% |
| Madison / Eastend | $96.6K | $104K | +7.6% |
| Milton / Montford | $157.5K | $148K | -6.0% |
Housing Supply in Milton / Montford, MD
How many homes are available in Milton / Montford, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Milton / Montford real estate market had 24 homes for sale in November 2024, a 4.3% increase 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Milton / Montford 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Milton / Montford, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Milton / Montford in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Milton / Montford, MD
How long does it take to sell a home in Milton / Montford, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 87 Days | +422.0% |
Summary: Homes in Milton / Montford had an average of 87 days on market in Nov 2024, up by 422% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Milton / Montford has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Milton / Montford; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
