$1,186 Closing Credit*
$99,900
1,138 SqFt
Christopher J Cooke, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Washington Village / Pigtown, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Washington Village / Pigtown has remained a Buyer's Market.
Key Takeaway
Washington Village / Pigtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Washington Village / Pigtown, MD
How much do homes in Washington Village / Pigtown, MD cost?
Median Sold Price
$184,950
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50(0%)
Key Takeaway
The sold price of homes in Washington Village / Pigtown has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $150.5K | +2.4% |
| 2 Bedrooms | $184K | $169.9K | -7.7% |
| 3 Bedrooms | $196K | $195K | -0.5% |
| 4 Bedrooms | $355K | $355K | 0.0% |
| 5+ Bedrooms | - | $379K | N/A |
Summary: Washington Village / Pigtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Washington Village / Pigtown, MD
How many homes are available in Washington Village / Pigtown, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 60 | -1.6% |
Summary: The Washington Village / Pigtown real estate market had 60 homes for sale in October 2024, a 1.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 34 | 35 | +2.9% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Washington Village / Pigtown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 2.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Washington Village / Pigtown, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Washington Village / Pigtown in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Washington Village / Pigtown, MD
How long does it take to sell a home in Washington Village / Pigtown, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 61 Days | +258.1% |
Summary: Homes in Washington Village / Pigtown had an average of 61 days on market in Oct 2024, up by 258.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Washington Village / Pigtown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Washington Village / Pigtown; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
