$4,274 Closing Credit*
$359,900
1,120 SqFt
3 Beds
•2 Full Baths
Amanda Littleford, Listing Office: Infinitas Realty
Is Saint Mary's County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Saint Mary's County has remained a Seller's Market.
Key Takeaway
Saint Mary's County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Mary's County, MD
How much do homes in Saint Mary's County, MD cost?
Median Sold Price
$412,096
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,147(+5.7%)
Key Takeaway
Homes in Saint Mary's County have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Saint Mary's County was $412,096 in November 2024, up 5.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $179.9K | +4.6% |
| 2 Bedrooms | $230K | $257K | +11.7% |
| 3 Bedrooms | $340K | $363.6K | +7.0% |
| 4 Bedrooms | $436.6K | $461.7K | +5.7% |
| 5+ Bedrooms | $569K | $567K | -0.4% |
Summary: Saint Mary's County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Counties
| Northumberland County | $415K | $454.5K | +9.5% |
| Westmoreland County | $299K | $325K | +8.7% |
| Calvert County | $422.5K | $454.7K | +7.6% |
| Saint Mary's County | $389.9K | $412K | +5.7% |
| Charles County | $421.4K | $440.6K | +4.6% |
Housing Supply in Saint Mary's County, MD
How many homes are available in Saint Mary's County, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 398 | 384 | -3.5% |
Summary: The Saint Mary's County real estate market had 384 homes for sale in November 2024, a 3.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 35 | 33 | -5.7% |
| 3 Bedrooms | 158 | 153 | -3.2% |
| 4 Bedrooms | 125 | 130 | +4.0% |
| 5+ Bedrooms | 77 | 66 | -14.3% |
Summary: The Saint Mary's County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 86 | -15.7% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Mary's County, expect to pay close to the asking price. 40.7% of homes here sold near the asking price last month.
Summary: A total of 86 homes were sold or pending in Saint Mary's County in November 2024, down by 15.7% month-over-month. Of the 86 sold homes, 33% were sold under asking, 41% were sold at asking, and 27% were sold over asking.
Days on Market for Saint Mary's County, MD
How long does it take to sell a home in Saint Mary's County, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 32 Days | -0.9% |
Summary: Homes in Saint Mary's County had an average of 32 days on market in Nov 2024, down by 0.9% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Mary's County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 86 homes were sold in Saint Mary's County; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
