$8,586 Closing Credit*
$723,000
2,384 SqFt
5 Beds
•2 Full Baths
Kenneth M Abramowitz, Listing Office: RE/MAX Town Center
Is Stevensville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Stevensville has remained a Seller's Market.
Key Takeaway
Stevensville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stevensville, MD
How much do homes in Stevensville, MD cost?
Median Sold Price
$539,950
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,950(+7.8%)
Key Takeaway
Homes in Stevensville have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Stevensville was $539,950 in November 2024, up 7.8% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $377.1K | $371.2K | -1.6% |
| 3 Bedrooms | $433K | $460K | +6.2% |
| 4 Bedrooms | $542K | $559.2K | +3.2% |
| 5+ Bedrooms | $584.7K | $625K | +6.9% |
Summary: Stevensville 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 decreased by 1.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Kent Island | $510K | $550.7K | +8.0% |
| Stevensville | $501K | $539.9K | +7.8% |
| Chester | $480K | $505.9K | +5.4% |
Housing Supply in Stevensville, MD
How many homes are available in Stevensville, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Stevensville real estate market had 35 homes for sale in November 2024, a 9.4% 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 | 3 | +50.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Stevensville 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 increased by 50%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stevensville, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Stevensville in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 0% were sold under asking, 57% were sold at asking, and 43% were sold over asking.
Days on Market for Stevensville, MD
How long does it take to sell a home in Stevensville, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 31 Days | -6.6% |
Summary: Homes in Stevensville had an average of 31 days on market in Nov 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stevensville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Stevensville; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
