Is Stevensville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevensville is a seller's market

Buyer's
Market

Difference Since October 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

$532,500

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+7.0%)

Key Takeaway

Homes in Stevensville have sold for 7% more than they did a year ago.

Summary: The median home sold price in Stevensville was $532,500 in October 2024, up 7% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $425.3K$345K
-18.9%
3 $433K$450K
+3.9%
4 $549K$555K
+1.1%
5+ $584.7K$645K
+10.3%

Summary: Stevensville 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 decreased by 18.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Neighborhoods

Kent Island
+9.7%
Stevensville
+7.0%
Chester
+5.0%

Housing Supply in Stevensville, MD

How many homes are available in Stevensville, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
33330.0%

Summary: The Stevensville real estate market had 33 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1817
-5.6%
4 1112
+9.1%
5+ 32
-33.3%

Summary: The Stevensville 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 decreased by 5.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevensville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Stevensville in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
11 Days76 Days+560.9%

Summary: Homes in Stevensville had an average of 76 days on market in Oct 2024, up by 560.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stevensville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Stevensville; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Stevensville, MD

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