$5,332 Closing Credit*
$449,000
1,600 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lynn M Hilfiker, Listing Office: Gunther-McClary Real Estate
Is Rock Hall, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rock Hall was a Seller's Market.
Key Takeaway
Rock Hall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rock Hall, MD
How much do homes in Rock Hall, MD cost?
Median Sold Price
$310,000
$238/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$70,000(+29.2%)
Key Takeaway
Homes in Rock Hall have sold for 29.2% more than they did a month ago.
Summary: The median home sold price in Rock Hall was $310,000 in October 2024, up 29.2% from last month, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $207.5K | $285K | +37.3% |
| 3 Bedrooms | $292.5K | $392.5K | +34.2% |
| 4 Bedrooms | - | $329.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rock Hall 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 increased by 37.3%, 3 bedroom homes increased by 34.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Rock Hall, MD
How many homes are available in Rock Hall, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Summary: The Rock Hall real estate market had 36 homes for sale in October 2024, a 5.9% increase 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Rock Hall 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rock Hall, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Rock Hall in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Rock Hall, MD
How long does it take to sell a home in Rock Hall, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 95 Days | +11.4% |
Summary: Homes in Rock Hall had an average of 95 days on market in Oct 2024, up by 11.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Rock Hall are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Rock Hall; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
