$12 Closing Credit*
$1,000
Adam M Shpritz, Listing Office: Ashland Auction Group LLC
Is Oliver, 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, Oliver has remained a Buyer's Market.
Key Takeaway
Oliver is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oliver, MD
How much do homes in Oliver, MD cost?
Median Sold Price
$192,200
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,700(+20.5%)
Key Takeaway
Homes in Oliver have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in Oliver was $192,200 in November 2024, up 20.5% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110.8K | $79K | -28.7% |
| 3 Bedrooms | $173K | $179K | +3.5% |
| 4 Bedrooms | $166.6K | $269.5K | +61.7% |
| 5+ Bedrooms | $123.5K | $219.5K | +77.7% |
Summary: Oliver 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 28.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 61.7%, and 5+ bedroom homes increased by 77.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Oliver | $159.5K | $192.2K | +20.5% |
| Broadway East | $71K | $80K | +12.7% |
| East | $120K | $129.9K | +8.3% |
| East Baltimore Midway | $76K | $70K | -7.9% |
Housing Supply in Oliver, MD
How many homes are available in Oliver, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 50 | +13.6% |
Summary: The Oliver real estate market had 50 homes for sale in November 2024, a 13.6% 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 | 9 | 11 | +22.2% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Oliver 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 22.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oliver, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Oliver in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Oliver, MD
How long does it take to sell a home in Oliver, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 79 Days | +5.3% |
Summary: Homes in Oliver had an average of 79 days on market in Nov 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oliver are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Oliver; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
