$4,513 Closing Credit*
$380,000
1,664 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jessica Shipman, Listing Office: CENTURY 21 New Millennium
Is Odenton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Odenton has remained a Seller's Market.
Key Takeaway
Odenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Odenton, MD
How much do homes in Odenton, MD cost?
Median Sold Price
$435,600
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,100(+2.1%)
Key Takeaway
Homes in Odenton have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Odenton was $435,600 in October 2024, up 2.1% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $276K | $285K | +3.3% |
| 2 Bedrooms | $350K | $335K | -4.3% |
| 3 Bedrooms | $425K | $441K | +3.8% |
| 4 Bedrooms | $515K | $521K | +1.2% |
| 5+ Bedrooms | $675K | $723.5K | +7.2% |
Summary: Odenton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Maple Ridge | $350K | $441.5K | +26.1% |
| Odenton | $426.5K | $435.6K | +2.1% |
Housing Supply in Odenton, MD
How many homes are available in Odenton, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 103 | +2.0% |
Summary: The Odenton real estate market had 103 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 26 | 34 | +30.8% |
| 3 Bedrooms | 38 | 38 | 0.0% |
| 4 Bedrooms | 27 | 22 | -18.5% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Odenton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 26 | -36.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Odenton, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Odenton in October 2024, down by 36.6% month-over-month. Of the 26 sold homes, 46% were sold under asking, 19% were sold at asking, and 35% were sold over asking.
Days on Market for Odenton, MD
How long does it take to sell a home in Odenton, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 27 Days | +77.0% |
Summary: Homes in Odenton had an average of 27 days on market in Oct 2024, up by 77% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Odenton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in Odenton; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
