Is Swanton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Swanton has remained a Buyer's Market.
Housing Prices in Swanton, MD
How much do homes in Swanton, MD cost?
Median Sold Price
$680,600
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Swanton was $680,600 in April 2024, up 7.2% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $95K | $356.2K | +275.0% |
3 Bedrooms | $530.7K | $397.5K | -25.1% |
4 Bedrooms | $822.5K | $637K | -22.6% |
5+ Bedrooms | $814.5K | $1.8M | +131.7% |
Summary: Swanton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 275%, 3 bedroom homes decreased by 25.1%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 131.7%.
Median Sold Price Compared To Nearby Cities
Swanton | $635K | $680.6K | +7.2% |
Mc Henry | $685K | $699K | +2.0% |
Housing Supply in Swanton, MD
How many homes are available in Swanton, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 29 | -6.5% |
Summary: The Swanton real estate market had 29 homes for sale in April 2024, a 6.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Swanton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Swanton in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Swanton, MD
How long does it take to sell a home in Swanton, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
196 Days | 10 Days | -94.7% |
Summary: Homes in Swanton had an average of 10 days on market in Apr 2024, down by 94.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Swanton; 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.