$3,384 Closing Credit*
$285,000
1,746 SqFt
2 Beds
•2 Full Baths, 1 Partial
Michael J Schiff, Listing Office: EXP Realty, LLC
Is Pikesville, 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, 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
$381,250
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,083(+6.7%)
Key Takeaway
Homes in Pikesville have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Pikesville was $381,250 in November 2024, up 6.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.2K | $92K | +4.2% |
| 2 Bedrooms | $215K | $258.7K | +20.3% |
| 3 Bedrooms | $325.5K | $369K | +13.4% |
| 4 Bedrooms | $403K | $425K | +5.5% |
| 5+ Bedrooms | $670K | $715K | +6.7% |
Summary: Pikesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Owings Mills | $350K | $375K | +7.1% |
| Pikesville | $357.1K | $381.2K | +6.7% |
| Windsor Mill | $304.5K | $325K | +6.7% |
| Gwynn Oak | $281.5K | $300K | +6.6% |
Housing Supply in Pikesville, MD
How many homes are available in Pikesville, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 129 | 127 | -1.6% |
Summary: The Pikesville real estate market had 127 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 12 | +33.3% |
| 2 Bedrooms | 31 | 29 | -6.5% |
| 3 Bedrooms | 34 | 35 | +2.9% |
| 4 Bedrooms | 37 | 37 | 0.0% |
| 5+ Bedrooms | 18 | 14 | -22.2% |
Summary: The Pikesville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 22 | -38.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pikesville, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Pikesville in November 2024, down by 38.9% month-over-month. Of the 22 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 31 Days | +24.4% |
Summary: Homes in Pikesville had an average of 31 days on market in Nov 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 22 homes were sold in Pikesville; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
