$4,750 Closing Credit*
$399,999
1,254 SqFt
5 Beds
•2 Full Baths
Olga E Rivas, Listing Office: Campos International Group
Is Seat Pleasant, 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, Seat Pleasant was a Seller's Market.
Key Takeaway
Seat Pleasant is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Seat Pleasant, MD
How much do homes in Seat Pleasant, MD cost?
Median Sold Price
$350,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+16.7%)
Key Takeaway
Homes in Seat Pleasant have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Seat Pleasant was $350,000 in November 2024, up 16.7% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $294.2K | +33.7% |
| 3 Bedrooms | $277.5K | $340K | +22.5% |
| 4 Bedrooms | $330K | $365K | +10.6% |
| 5+ Bedrooms | $482.5K | $385K | -20.2% |
Summary: Seat Pleasant 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 33.7%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 20.2%.
Housing Supply in Seat Pleasant, MD
How many homes are available in Seat Pleasant, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Seat Pleasant real estate market had 26 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Seat Pleasant 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seat Pleasant, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Seat Pleasant in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Seat Pleasant, MD
How long does it take to sell a home in Seat Pleasant, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 12 Days | -60.0% |
Summary: Homes in Seat Pleasant had an average of 12 days on market in Nov 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
4 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 Seat Pleasant are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Seat Pleasant; 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.
