$4,986 Closing Credit*
$419,900
2,070 SqFt
3 Beds
•3 Full Baths, 1 Partial
Terence P Brennan, Listing Office: Long & Foster Real Estate, Inc.
Is Sparks Glencoe, 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, Sparks Glencoe was a Seller's Market.
Key Takeaway
Sparks Glencoe 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 Sparks Glencoe, MD
How much do homes in Sparks Glencoe, MD cost?
Median Sold Price
$430,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+7.5%)
Key Takeaway
Homes in Sparks Glencoe have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Sparks Glencoe was $430,000 in October 2024, up 7.5% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247.5K | $263K | +6.3% |
| 3 Bedrooms | $415K | $477.5K | +15.1% |
| 4 Bedrooms | $426.2K | $490K | +15.0% |
| 5+ Bedrooms | $1.4M | $995K | -31.1% |
Summary: Sparks Glencoe 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 6.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 31.1%.
Median Sold Price Compared To Nearby Cities
| Phoenix | $680K | $750K | +10.3% |
| Sparks Glencoe | $400K | $430K | +7.5% |
| Cockeysville | $450K | $470K | +4.4% |
| Monkton | $829.9K | $710.5K | -14.4% |
Housing Supply in Sparks Glencoe, MD
How many homes are available in Sparks Glencoe, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Sparks Glencoe real estate market had 19 homes for sale in October 2024, a 11.8% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Sparks Glencoe 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sparks Glencoe, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sparks Glencoe in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sparks Glencoe, MD
How long does it take to sell a home in Sparks Glencoe, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 35 Days | +58.0% |
Summary: Homes in Sparks Glencoe had an average of 35 days on market in Oct 2024, up by 58% compared to last year.
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 Sparks Glencoe are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sparks Glencoe; 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.
