$475 Closing Credit*
$40,000
2,720 SqFt
Adam M Shpritz, Listing Office: Ashland Auction Group LLC
Is Upton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Upton was a Seller's Market.
Key Takeaway
Upton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upton, MD
How much do homes in Upton, MD cost?
Median Sold Price
$128,700
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,700(+8.2%)
Key Takeaway
Homes in Upton have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Upton was $128,700 in October 2024, up 8.2% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | - | N/A |
| 2 Bedrooms | $111.5K | - | N/A |
| 3 Bedrooms | $169.5K | $125.1K | -26.2% |
| 4 Bedrooms | $108.1K | $129.9K | +20.1% |
| 5+ Bedrooms | $180.1K | $242.5K | +34.6% |
Summary: Upton 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 did not change, 3 bedroom homes decreased by 26.2%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 34.6%.
Housing Supply in Upton, MD
How many homes are available in Upton, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Summary: The Upton real estate market had 31 homes for sale in October 2024, a 8.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Upton 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 remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Upton in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Upton, MD
How long does it take to sell a home in Upton, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 22 Days | -63.8% |
Summary: Homes in Upton had an average of 22 days on market in Oct 2024, down by 63.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Upton; 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.
