$5,936 Closing Credit*
$499,900
1,850 SqFt
3 Beds
•1 Full Bath, 1 Partial
Lois Margaret Alberti, Listing Office: Alberti Realty, LLC
Is Parkton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Parkton has remained a Seller's Market.
Key Takeaway
Parkton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parkton, MD
How much do homes in Parkton, MD cost?
Median Sold Price
$650,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$25,000(+4.0%)
Key Takeaway
Homes in Parkton have sold for 4% more than they did a year ago.
Summary: The median home sold price in Parkton was $650,000 in December 2024, up 4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $267.5K | N/A |
| 3 Bedrooms | $500K | $455K | -9.0% |
| 4 Bedrooms | $658K | $665K | +1.1% |
| 5+ Bedrooms | $777.5K | $700K | -10.0% |
Summary: Parkton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Cities
| Sparks Glencoe | $397K | $433.7K | +9.3% |
| Parkton | $625K | $650K | +4.0% |
| Monkton | $837.5K | $710.2K | -15.2% |
Housing Supply in Parkton, MD
How many homes are available in Parkton, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Parkton real estate market had 16 homes for sale in December 2024, a 23.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Parkton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 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 Parkton, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Parkton in December 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Parkton, MD
How long does it take to sell a home in Parkton, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 4 Days | 30 Days | +529.0% |
Summary: Homes in Parkton had an average of 30 days on market in Dec 2024, up by 529% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkton are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Parkton; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
