$4,334 Closing Credit*
$365,000
720 SqFt
2 Beds
•1 Full Bath
Victoria W. King, Listing Office: Samson Properties
Is Woodland Beach, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Woodland Beach was a Seller's Market.
Key Takeaway
Woodland Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Woodland Beach, MD
How much do homes in Woodland Beach, MD cost?
Median Sold Price
$475,000
$252/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$65,000(+15.9%)
Key Takeaway
Homes in Woodland Beach have sold for 15.9% more than they did a month ago.
Summary: The median home sold price in Woodland Beach was $475,000 in October 2024, up 15.9% from last month, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299K | $307.7K | +2.9% |
| 3 Bedrooms | $410K | $537.5K | +31.1% |
| 4 Bedrooms | $615K | $475K | -22.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Woodland Beach housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 31.1%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes did not change.
Housing Supply in Woodland Beach, MD
How many homes are available in Woodland Beach, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Woodland Beach real estate market had 18 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Woodland Beach 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 33.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodland Beach, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Woodland Beach in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Woodland Beach, MD
How long does it take to sell a home in Woodland Beach, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 35 Days | +21.3% |
Summary: Homes in Woodland Beach had an average of 35 days on market in Oct 2024, up by 21.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Woodland Beach has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Woodland Beach; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
