Is Bel Alton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bel Alton has remained a Seller's Market.
Housing Prices in Bel Alton, MD
How much do homes in Bel Alton, MD cost?
Median Sold Price
$500,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bel Alton was $500,000 in May 2024, up 22% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $410K | - | N/A |
3 Bedrooms | $375K | $350K | -6.7% |
4 Bedrooms | $521.5K | $569.9K | +9.3% |
5+ Bedrooms | $420K | $530K | +26.2% |
Summary: Bel Alton housing prices by bedroom type for May 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 6.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 26.2%.
Median Sold Price Compared To Nearby Cities
Bel Alton | $410K | $500K | +22.0% |
Newburg | $408.5K | $425.5K | +4.2% |
Port Tobacco | $560K | $511.9K | -8.6% |
Housing Supply in Bel Alton, MD
How many homes are available in Bel Alton, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Bel Alton real estate market had 5 homes for sale in May 2024, a 16.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bel Alton housing inventory by bedroom type for May 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bel Alton in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bel Alton, MD
How long does it take to sell a home in Bel Alton, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 4 Days | -92.3% |
Summary: Homes in Bel Alton had an average of 4 days on market in May 2024, down by 92.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Bel Alton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.