$5,451 Closing Credit*
$459,000
2,659 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jacqueline Bennett, Listing Office: RE/MAX Excellence Realty
Is Woodmore, 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, Woodmore was a Seller's Market.
Key Takeaway
Woodmore 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 Woodmore, MD
How much do homes in Woodmore, MD cost?
Median Sold Price
$730,000
$290/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$47,000(+6.9%)
Key Takeaway
Homes in Woodmore have sold for 6.9% more than they did a month ago.
Summary: The median home sold price in Woodmore was $730,000 in December 2024, up 6.9% from last month, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $495K | $560K | +13.1% |
| 4 Bedrooms | $506K | $900K | +77.9% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: Woodmore housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 77.9%, and 5+ bedroom homes did not change.
Housing Supply in Woodmore, MD
How many homes are available in Woodmore, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Woodmore real estate market had 13 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Woodmore housing inventory by bedroom type for December 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 25%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodmore, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Woodmore in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Woodmore, MD
How long does it take to sell a home in Woodmore, MD?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 Days | 31 Days | +342.9% |
Summary: Homes in Woodmore had an average of 31 days on market in Dec 2024, up by 342.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodmore are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Woodmore; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
