$5,332 Closing Credit*
$449,000
1,717 SqFt
3 Beds
•2 Full Baths
WEIHONG HU, Listing Office: Coldwell Banker Realty
Is North Kensington, 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, North Kensington was a Seller's Market.
Key Takeaway
North Kensington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Kensington, MD
How much do homes in North Kensington, MD cost?
Median Sold Price
$680,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,475(+9.6%)
Key Takeaway
Homes in North Kensington have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in North Kensington was $680,000 in November 2024, up 9.6% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $175K | -13.6% |
| 2 Bedrooms | $291K | $427.2K | +46.8% |
| 3 Bedrooms | $583K | $586.7K | +0.6% |
| 4 Bedrooms | $677.5K | $710K | +4.8% |
| 5+ Bedrooms | $842.5K | $1.0M | +21.7% |
Summary: North Kensington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.6%, 2 bedroom homes increased by 46.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 21.7%.
Housing Supply in North Kensington, MD
How many homes are available in North Kensington, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 20 | -16.7% |
Summary: The North Kensington real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The North Kensington 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Kensington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in North Kensington in November 2024, down by 72.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for North Kensington, MD
How long does it take to sell a home in North Kensington, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 21 Days | +193.0% |
Summary: Homes in North Kensington had an average of 21 days on market in Nov 2024, up by 193% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Kensington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in North Kensington; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
