Is Upper Fell's Point, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Fell's Point is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Upper Fell's Point has remained a Seller's Market.

Key Takeaway

Upper Fell's Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Fell's Point, MD

How much do homes in Upper Fell's Point, MD cost?

Median Sold Price

$295,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-6.3%)

Key Takeaway

Homes in Upper Fell's Point have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Upper Fell's Point was $295,000 in November 2024, down 6.3% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$184.9K
0%
2 $220K$250K
+13.6%
3 $360K$358K
-0.6%
4 $435K$457K
+5.1%
5+ $710K-
N/A

Summary: Upper Fell's Point 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 increased by 13.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Fell's Point
+17.4%
Patterson Park
+2.1%
Upper Fell's Point
-6.3%
Butcher's Hill
-11.6%

Housing Supply in Upper Fell's Point, MD

How many homes are available in Upper Fell's Point, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4640-13.0%

Summary: The Upper Fell's Point real estate market had 40 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1512
-20.0%
3 2525
0.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Upper Fell's Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12120.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Fell's Point, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Upper Fell's Point in November 2024, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for Upper Fell's Point, MD

How long does it take to sell a home in Upper Fell's Point, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days41 Days+196.4%

Summary: Homes in Upper Fell's Point had an average of 41 days on market in Nov 2024, up by 196.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upper Fell's Point are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in Upper Fell's Point; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

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