Is Cockeysville, 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, Cockeysville has remained a Seller's Market.
Housing Prices in Cockeysville, MD
How much do homes in Cockeysville, MD cost?
Median Sold Price
$450,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cockeysville was $450,000 in May 2024, up 5.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.7K | $232.4K | +16.4% |
2 Bedrooms | $285K | $243K | -14.7% |
3 Bedrooms | $365K | $360K | -1.4% |
4 Bedrooms | $520K | $493K | -5.2% |
5+ Bedrooms | $1.0M | $1.0M | -6.3% |
Summary: Cockeysville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
Cockeysville | $425K | $450K | +5.9% |
Lutherville Timonium | $436.6K | $460K | +5.3% |
Phoenix | $700K | $731.2K | +4.5% |
Sparks Glencoe | $399K | $402.5K | +0.9% |
Housing Supply in Cockeysville, MD
How many homes are available in Cockeysville, MD?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 63 | +18.9% |
Summary: The Cockeysville real estate market had 63 homes for sale in May 2024, a 18.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 16 | 21 | +31.3% |
Summary: The Cockeysville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 31.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Cockeysville in May 2024, up by 9.1% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Cockeysville, MD
How long does it take to sell a home in Cockeysville, MD?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 15 Days | +114.1% |
Summary: Homes in Cockeysville had an average of 15 days on market in May 2024, up by 114.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Cockeysville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.