Is Rhodesdale, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rhodesdale is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rhodesdale has remained a Seller's Market.

Key Takeaway

Rhodesdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rhodesdale, MD

How much do homes in Rhodesdale, MD cost?

Median Sold Price

$318,000

$212/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$407,000(-56.1%)

Key Takeaway

Homes in Rhodesdale have sold for 56.1% less than they did a month ago.

Summary: The median home sold price in Rhodesdale was $318,000 in December 2024, down 56.1% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $725K$318K
-56.1%
5+ --
N/A

Summary: Rhodesdale housing prices by bedroom type for December 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 did not change, 4 bedroom homes decreased by 56.1%, and 5+ bedroom homes did not change.

Housing Supply in Rhodesdale, MD

How many homes are available in Rhodesdale, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
330.0%

Summary: The Rhodesdale real estate market had 3 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Rhodesdale 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rhodesdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rhodesdale in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rhodesdale, MD

How long does it take to sell a home in Rhodesdale, MD?

Average Sale Time

Nov 2024Dec 2024CHANGE
42 Days21 Days-50.0%

Summary: Homes in Rhodesdale had an average of 21 days on market in Dec 2024, down by 50% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rhodesdale are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Rhodesdale; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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