$2,434 Closing Credit*
$204,999
1,632 SqFt
3 Beds
•2 Full Baths
Robert J Chew, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is Rosemont, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rosemont was a Seller'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
$90,000
$62/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+12.5%)
Key Takeaway
Homes in Rosemont have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Rosemont was $90,000 in November 2024, up 12.5% from last year, and the median price per square foot was $62.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $80K | N/A |
| 3 Bedrooms | $73.6K | $90K | +22.2% |
| 4 Bedrooms | $174K | $124.2K | -28.6% |
| 5+ Bedrooms | - | $88.7K | N/A |
Summary: Rosemont 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 did not change, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rosemont | $80K | $90K | +12.5% |
| Walbrook | $227K | $233K | +2.6% |
| Northwest Community Action | $99K | $65.1K | -34.2% |
Housing Supply in Rosemont, MD
How many homes are available in Rosemont, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Rosemont real estate market had 19 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rosemont 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 increased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 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 November 2024, the same as the previous 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 16 Days | -48.4% |
Summary: Homes in Rosemont had an average of 16 days on market in Nov 2024, down by 48.4% compared to last year.
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 Rosemont are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Rosemont; 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.
