How much do homes in Bel Air, MD cost?

Median List Price

$285,900

Based on all homes listed in the last 12 months.

Difference Since May 2020

-$42,100(-12.8%)

Key Takeaway

The list price of homes in Bel Air has decreased by 12.8% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $137.4K$122.5K-10.8%
2 $290K$206K-29.0%
3 $314.9K$278K-11.7%
4 $520.9K$405K-22.3%
5+ $380K$475K+25.0%

How many homes are available in Bel Air, MD?

Number of Homes For Sale

Apr 2021May 2021%
6460-6.3%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 110.0%
2 3526-25.7%
3 1824+33.3%
4 98-11.1%
5+ 110.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
130 Days56 Days-57.1%

Breakdown of Home Sale Times

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About Bel Air, MD

There are 60 homes are for sale in Bel Air, MD real estate market.

The median list price of listings available in May 2021 was $285,900, while the average time on the real estate market was 56 days.

Real estate listing prices changed between April 2021 and May 2021: prices of 1 bedroom properties went down by 10.8%, 2 bedrooms properties became 29% more cheaper, prices of 3 bedrooms properties decreased by 11.7%, 4 bedrooms properties prices decreased by 22.3%, 5 bedrooms properties prices increased by 25%.

Between April 2021 and May 2021, Bel Air, MD real estate market has seen decrease in the number of listings by 6.3%.

Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went dowm by 25.7%, the quantity of 3 bedrooms homes went up by 33.3%, the quantity of 4 bedrooms homes went down by 11.1%, number of 5 bedrooms homes remained the same.

While more than 12 listings in Bel Air, MD in May 2021 were sold above asking price, there were more than 7 listings sold at asking price, and more than 4 were sold below.