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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosemont is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Rosemont has remained a Buyer's Market.

Key Takeaway

Rosemont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rosemont, MD

How much do homes in Rosemont, MD cost?

Median Sold Price

$120,000

$80/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$40,000(+50.0%)

Key Takeaway

Homes in Rosemont have sold for 50% more than they did a month ago.

Summary: The median home sold price in Rosemont was $120,000 in October 2024, up 50% from last month, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $80K-
N/A
3 -$120K
N/A
4 --
N/A
5+ --
N/A

Summary: Rosemont 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Rosemont
+50.0%
Walbrook
-33.3%

Housing Supply in Rosemont, MD

How many homes are available in Rosemont, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The Rosemont real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1314
+7.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Rosemont 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 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rosemont, 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 Rosemont in October 2024, up by 100.0% 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 Rosemont, MD

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

Average Sale Time

Sep 2024Oct 2024CHANGE
36 Days54 Days+51.4%

Summary: Homes in Rosemont had an average of 54 days on market in Oct 2024, up by 51.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rosemont has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Rosemont; 0% of homes were sold within 30 days, 100% 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 16 Days Ago

Newest Listings in Rosemont, MD

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