$3,859 Closing Credit*
$325,000
1,360 SqFt
3 Beds
•1 Full Bath
Micah Benson Hughes, Listing Office: Lion Acre Realty
Is Randallstown, 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, Randallstown has remained a Seller's Market.
Key Takeaway
Randallstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Randallstown, MD
How much do homes in Randallstown, MD cost?
Median Sold Price
$380,500
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$35,500(+10.3%)
Key Takeaway
Homes in Randallstown have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Randallstown was $380,500 in December 2024, up 10.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $264.5K | +17.6% |
| 3 Bedrooms | $300K | $317.5K | +5.8% |
| 4 Bedrooms | $380K | $400K | +5.3% |
| 5+ Bedrooms | $416K | $427.5K | +2.8% |
Summary: Randallstown 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 increased by 17.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Randallstown | $345K | $380.5K | +10.3% |
| Windsor Mill | $304.6K | $328.1K | +7.7% |
| Owings Mills | $355K | $376.2K | +6.0% |
| Pikesville | $365K | $381.6K | +4.6% |
Housing Supply in Randallstown, MD
How many homes are available in Randallstown, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 60 | 57 | -5.0% |
Summary: The Randallstown real estate market had 57 homes for sale in December 2024, a 5.0% decrease 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Randallstown 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 decreased by 25%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randallstown, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Randallstown in December 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Randallstown, MD
How long does it take to sell a home in Randallstown, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -13.1% |
Summary: Homes in Randallstown had an average of 28 days on market in Dec 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Randallstown are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 12 homes were sold in Randallstown; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
