$2,374 Closing Credit*
$199,900
1,350 SqFt
3 Beds
•2 Full Baths, 1 Partial
Margo L Adgerson, Listing Office: HomeSmart
Is Sandtown / Winchester, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$50,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,100(-27.6%)
Key Takeaway
Homes in Sandtown / Winchester have sold for 27.6% less than they did a year ago.
Summary: The median home sold price in Sandtown / Winchester was $50,000 in October 2024, down 27.6% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40.7K | - | N/A |
| 2 Bedrooms | $40K | $65K | +62.5% |
| 3 Bedrooms | $87.9K | $47.6K | -45.8% |
| 4 Bedrooms | $102.5K | $108K | +5.4% |
| 5+ Bedrooms | $67.1K | $115.5K | +72.1% |
Summary: Sandtown / Winchester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.5%, 3 bedroom homes decreased by 45.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 72.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Druid Heights | $77K | $160K | +107.8% |
| Penn North | $71.2K | $80K | +12.3% |
| West | $86K | $93.9K | +9.2% |
| Sandtown / Winchester | $69.1K | $50K | -27.6% |
Housing Supply in Sandtown / Winchester, MD
How many homes are available in Sandtown / Winchester, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The Sandtown / Winchester real estate market had 37 homes for sale in October 2024, a 2.8% 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 | 10 | 7 | -30.0% |
| 3 Bedrooms | 15 | 20 | +33.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Sandtown / Winchester 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 30%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandtown / Winchester, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sandtown / Winchester in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 149 Days | 75 Days | -49.2% |
Summary: Homes in Sandtown / Winchester had an average of 75 days on market in Oct 2024, down by 49.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sandtown / Winchester has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Sandtown / Winchester; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
