$450,000
41.22 Acres
Land
Susie R Miller, Listing Office: Keller Williams Premier Realty
Is Sharpsburg, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sharpsburg has remained a Seller's Market.
Key Takeaway
Sharpsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sharpsburg, MD
How much do homes in Sharpsburg, MD cost?
Median Sold Price
$284,000
$228/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$166,000(-36.9%)
Key Takeaway
Homes in Sharpsburg have sold for 36.9% less than they did a month ago.
Summary: The median home sold price in Sharpsburg was $284,000 in October 2024, down 36.9% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $239.9K | N/A |
| 3 Bedrooms | $326.5K | $334.5K | +2.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $555K | - | N/A |
Summary: Sharpsburg housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sharpsburg, MD
How many homes are available in Sharpsburg, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Sharpsburg real estate market had 16 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sharpsburg 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 increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
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 Sharpsburg, 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 Sharpsburg in October 2024, the same as the previous 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 Sharpsburg, MD
How long does it take to sell a home in Sharpsburg, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 53 Days | +235.4% |
Summary: Homes in Sharpsburg had an average of 53 days on market in Oct 2024, up by 235.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sharpsburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sharpsburg; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
