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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adamstown is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Adamstown was a Seller's Market.

Key Takeaway

Adamstown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Adamstown, MD cost?

Median Sold Price

$650,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$90,000(+16.1%)

Key Takeaway

Homes in Adamstown have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $245K-
N/A
3 $377.5K$505K
+33.8%
4 $625K$637.4K
+2.0%
5+ $727.5K$722.4K
-0.7%

How many homes are available in Adamstown, MD?

Number of Homes For Sale

Dec 2022Jan 2023%
2219-13.6%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 75
-28.6%
5+ 107
-30.0%

Number of Homes Sold

Dec 2022Jan 2023%
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adamstown, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
1 Days16 Days+1011.1%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adamstown 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 Adamstown, MD

Homes for sale in Adamstown, MD have reached 19. In January 2023 in Adamstown, MD there were 13.6% less homes for sale than in December 2022. While the average time on the market in January 2023 was 16 days, the median list price was $650,000. Real estate listing prices changed between December 2022 and January 2023: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 33.8%, prices of 4 bedrooms properties went up by 2%, the cost of 5 bedrooms properties went down by 0.7%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes increased by 40%, the quantity of 4 bedrooms homes went down by 28.6%, the quantity of 5 bedrooms homes went down by 30%. Adamstown, MD housing market in January 2023 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.