$178 Closing Credit*
$15,000
3 Beds
•1 Full Bath, 1 Partial
Adam M Shpritz, Listing Office: Ashland Auction Group LLC
Is Sandtown / Winchester, 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, Sandtown / Winchester has remained a Buyer's Market.
Key Takeaway
Sandtown / Winchester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sandtown / Winchester, MD
How much do homes in Sandtown / Winchester, MD cost?
Median Sold Price
$54,250
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,475(-26.4%)
Key Takeaway
Homes in Sandtown / Winchester have sold for 26.4% less than they did a year ago.
Summary: The median home sold price in Sandtown / Winchester was $54,250 in November 2024, down 26.4% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40.7K | - | N/A |
| 2 Bedrooms | $44K | $65K | +47.7% |
| 3 Bedrooms | $100K | $47.8K | -52.1% |
| 4 Bedrooms | $94K | $110K | +17.0% |
| 5+ Bedrooms | $67.1K | $112.7K | +68.0% |
Summary: Sandtown / Winchester 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 increased by 47.7%, 3 bedroom homes decreased by 52.1%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 68%.
Median Sold Price Compared To Nearby Neighborhoods
| West | $90K | $93.9K | +4.4% |
| Penn North | $77.9K | $77K | -1.2% |
| Sandtown / Winchester | $73.7K | $54.2K | -26.4% |
Housing Supply in Sandtown / Winchester, MD
How many homes are available in Sandtown / Winchester, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The Sandtown / Winchester real estate market had 30 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Sandtown / Winchester 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sandtown / Winchester, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sandtown / Winchester in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Sandtown / Winchester, MD
How long does it take to sell a home in Sandtown / Winchester, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 136 Days | 82 Days | -39.5% |
Summary: Homes in Sandtown / Winchester had an average of 82 days on market in Nov 2024, down by 39.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sandtown / Winchester are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Sandtown / Winchester; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
