Is Two Rivers, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Two Rivers is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Two Rivers has remained a Seller's Market.

Key Takeaway

Two Rivers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Two Rivers, MD

How much do homes in Two Rivers, MD cost?

Median Sold Price

$835,500

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,500(+6.4%)

Key Takeaway

Homes in Two Rivers have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Two Rivers was $835,500 in October 2024, up 6.4% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $567.2K$740K
+30.5%
3 $726.3K$829.3K
+14.2%
4 $807.5K$800K
-0.9%
5+ $863.2K$887.4K
+2.8%

Summary: Two Rivers 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 30.5%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Neighborhoods

Crofton
+6.9%
Two Rivers
+6.4%

Housing Supply in Two Rivers, MD

How many homes are available in Two Rivers, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
28280.0%

Summary: The Two Rivers real estate market had 28 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 73
-57.1%
3 24
+100.0%
4 1114
+27.3%
5+ 87
-12.5%

Summary: The Two Rivers 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 decreased by 57.1%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Two Rivers, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Two Rivers in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Two Rivers, MD

How long does it take to sell a home in Two Rivers, MD?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days24 Days+19.2%

Summary: Homes in Two Rivers had an average of 24 days on market in Oct 2024, up by 19.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Two Rivers; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Two Rivers, MD

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