$5,344 Closing Credit*
$450,000
2,336 SqFt
5 Beds
•2 Full Baths, 1 Partial
Montaz Maurice McCray, Listing Office: Keller Williams Realty Centre
Is Randallstown, 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, 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
$380,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,500(+9.7%)
Key Takeaway
Homes in Randallstown have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Randallstown was $380,000 in November 2024, up 9.7% 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 | - | - | N/A |
| 2 Bedrooms | $225K | $251.5K | +11.8% |
| 3 Bedrooms | $302.5K | $319K | +5.5% |
| 4 Bedrooms | $380K | $400K | +5.3% |
| 5+ Bedrooms | $405K | $435K | +7.4% |
Summary: Randallstown 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 increased by 11.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Randallstown | $346.5K | $380K | +9.7% |
| Owings Mills | $350K | $375K | +7.1% |
| Windsor Mill | $304.5K | $325K | +6.7% |
| Pikesville | $357.1K | $381.2K | +6.7% |
| Woodstock | $630K | $650K | +3.2% |
Housing Supply in Randallstown, MD
How many homes are available in Randallstown, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 62 | -10.1% |
Summary: The Randallstown real estate market had 62 homes for sale in November 2024, a 10.1% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 32 | 22 | -31.3% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Randallstown 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 remained the same, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 13 | -45.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randallstown, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Randallstown in November 2024, down by 45.8% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 21 Days | -0.3% |
Summary: Homes in Randallstown had an average of 21 days on market in Nov 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 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 November 2024, 13 homes were sold in Randallstown; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
