Is Aberdeen, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aberdeen is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Aberdeen has remained a Seller's Market.

Key Takeaway

Aberdeen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Aberdeen, MD cost?

Median Sold Price

$265,350

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$9,650(-3.5%)

Key Takeaway

Homes in Aberdeen have sold for 3.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $155K$189.5K
+22.3%
3 $227K$240K
+5.7%
4 $380.8K$335K
-12.0%
5+ $473.4K$475K
0.3%

Median Sold Price Compared To Nearby Cities

Havre de Grace
+3.5%
Aberdeen
-3.5%

How many homes are available in Aberdeen, MD?

Number of Homes For Sale

Oct 2022Nov 2022%
5455+1.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 65
-16.7%
3 2929
0.0%
4 1415
+7.1%
5+ 56
+20.0%

Number of Homes Sold

Oct 2022Nov 2022%
1119+72.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aberdeen, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
19 Days17 Days-7.9%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aberdeen are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Aberdeen, MD

There are 55 homes are for sale in Aberdeen, MD real estate market. The number of homes for sale in Aberdeen, MD increased by 1.9% between October 2022 and November 2022. Listings spent 17 days on the market in November 2022, and had a median list price of $265,350 during the same period. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 22.3%, 3 bedrooms properties prices increased by 5.7%, 4 bedrooms properties prices decreased by 12%, 5 bedrooms properties became 0.3% more expensive. Volume of homes for sale changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 16.7%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes increased by 7.1%, 5 bedrooms homes became 20% more available. Over 8 listings were sold over their listed price in November 2022 in Aberdeen, MD. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price.

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