$926 Closing Credit*
$78,000
736 SqFt
1 Bed
•1 Full Bath
Allison K Robinson, Listing Office: Certified Home Specialists Realty Inc.
Is Pikesville, 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, Pikesville has remained a Seller's Market.
Key Takeaway
Pikesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pikesville, MD
How much do homes in Pikesville, MD cost?
Median Sold Price
$375,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,333(+3.4%)
Key Takeaway
Homes in Pikesville have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Pikesville was $375,000 in October 2024, up 3.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $92K | +5.7% |
| 2 Bedrooms | $210K | $250K | +19.0% |
| 3 Bedrooms | $325K | $354.5K | +9.1% |
| 4 Bedrooms | $406K | $417.5K | +2.8% |
| 5+ Bedrooms | $680K | $715K | +5.1% |
Summary: Pikesville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Windsor Mill | $299.5K | $325K | +8.5% |
| Owings Mills | $348K | $375K | +7.8% |
| Gwynn Oak | $280K | $297.5K | +6.3% |
| Pikesville | $362.6K | $375K | +3.4% |
Housing Supply in Pikesville, MD
How many homes are available in Pikesville, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 141 | +14.6% |
Summary: The Pikesville real estate market had 141 homes for sale in October 2024, a 14.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 29 | 33 | +13.8% |
| 3 Bedrooms | 32 | 38 | +18.8% |
| 4 Bedrooms | 38 | 39 | +2.6% |
| 5+ Bedrooms | 15 | 20 | +33.3% |
Summary: The Pikesville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pikesville, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Pikesville in October 2024, up by 10.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 25% were sold at asking, and 34% were sold over asking.
Days on Market for Pikesville, MD
How long does it take to sell a home in Pikesville, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 31 Days | -9.6% |
Summary: Homes in Pikesville had an average of 31 days on market in Oct 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pikesville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Pikesville; 72% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
