$1,186 Closing Credit*
$99,900
956 SqFt
4 Beds
•1 Full Bath
Robert L DelSignore, Listing Office: Coldwell Banker Home Town Realty
Is Rawlings, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rawlings has remained a Seller's Market.
Key Takeaway
Rawlings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rawlings, MD
How much do homes in Rawlings, MD cost?
Median Sold Price
$142,500
$95/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$32,500(-18.6%)
Key Takeaway
Homes in Rawlings have sold for 18.6% less than they did a month ago.
Summary: The median home sold price in Rawlings was $142,500 in October 2024, down 18.6% from last month, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133K | - | N/A |
| 3 Bedrooms | $190K | $142.5K | -25.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rawlings housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 25%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lonaconing | $56K | $131.2K | +134.4% |
| Rawlings | $175K | $142.5K | -18.6% |
Housing Supply in Rawlings, MD
How many homes are available in Rawlings, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Rawlings real estate market had 4 homes for sale in October 2024, a 50.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rawlings housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rawlings, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rawlings in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Rawlings, MD
How long does it take to sell a home in Rawlings, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 14 Days | -40.8% |
Summary: Homes in Rawlings had an average of 14 days on market in Oct 2024, down by 40.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rawlings are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Rawlings; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
