$3,681 Closing Credit*
$310,000
1,800 SqFt
3 Beds
•3 Full Baths, 1 Partial
Anthonay Allen, Listing Office: Keller Williams Realty Centre
Is Milton / Montford, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$144,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$22,000(-13.3%)
Key Takeaway
Homes in Milton / Montford have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in Milton / Montford was $144,000 in October 2024, down 13.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $115K | -30.3% |
| 3 Bedrooms | $122.2K | $150K | +22.7% |
| 4 Bedrooms | $257.5K | $316K | +22.7% |
| 5+ Bedrooms | $315K | - | N/A |
Summary: Milton / Montford 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 30.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Madison / Eastend | $99.2K | $104.5K | +5.3% |
| East | $123.6K | $128.8K | +4.2% |
| Milton / Montford | $166K | $144K | -13.3% |
Housing Supply in Milton / Montford, MD
How many homes are available in Milton / Montford, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Summary: The Milton / Montford real estate market had 27 homes for sale in October 2024, a 22.7% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Milton / Montford 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Milton / Montford in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 60 Days | -27.5% |
Summary: Homes in Milton / Montford had an average of 60 days on market in Oct 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Milton / Montford are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Milton / Montford; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
