$10,000 Closing Credit*
$879,000
2,590 SqFt
4 Beds
•3 Full Baths
Nina A Beitzel, Listing Office: Railey Realty, Inc.
Is Swanton, 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, Swanton has remained a Seller's Market.
Key Takeaway
Swanton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swanton, MD
How much do homes in Swanton, MD cost?
Median Sold Price
$650,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,000(+2.0%)
Key Takeaway
Homes in Swanton have sold for 2% more than they did a year ago.
Summary: The median home sold price in Swanton was $650,000 in November 2024, up 2% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $55K | N/A |
| 2 Bedrooms | $320K | $220K | -31.3% |
| 3 Bedrooms | $454.5K | $357.5K | -21.3% |
| 4 Bedrooms | $644K | $807.5K | +25.4% |
| 5+ Bedrooms | $1.4M | $1.1M | -15.2% |
Summary: Swanton 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 31.3%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes decreased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Mc Henry | $680K | $720K | +5.9% |
| Swanton | $637K | $650K | +2.0% |
Housing Supply in Swanton, MD
How many homes are available in Swanton, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 50 | -5.7% |
Summary: The Swanton real estate market had 50 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 20 | 17 | -15.0% |
Summary: The Swanton 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Swanton, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Swanton in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Swanton, MD
How long does it take to sell a home in Swanton, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 111 Days | 78 Days | -29.3% |
Summary: Homes in Swanton had an average of 78 days on market in Nov 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Swanton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in Swanton; 30% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
