$2,909 Closing Credit*
$245,000
1,086 SqFt
3 Beds
•2 Full Baths
Raymond S Werking, Listing Office: CENTURY 21 New Millennium
Is Seat Pleasant, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$348,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,500(+15.0%)
Key Takeaway
Homes in Seat Pleasant have sold for 15% more than they did a year ago.
Summary: The median home sold price in Seat Pleasant was $348,000 in October 2024, up 15% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $300.2K | +25.1% |
| 3 Bedrooms | $285K | $331K | +16.1% |
| 4 Bedrooms | $337.5K | $359K | +6.4% |
| 5+ Bedrooms | $450K | $385K | -14.4% |
Summary: Seat Pleasant 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 25.1%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 14.4%.
Housing Supply in Seat Pleasant, MD
How many homes are available in Seat Pleasant, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 28 | +33.3% |
Summary: The Seat Pleasant real estate market had 28 homes for sale in October 2024, a 33.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 9 | +200.0% |
Summary: The Seat Pleasant 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Seat Pleasant, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Seat Pleasant in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 26 Days | -33.2% |
Summary: Homes in Seat Pleasant had an average of 26 days on market in Oct 2024, down by 33.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 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 October 2024, 4 homes were sold in Seat Pleasant; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
