$5,105 Closing Credit*
$429,900
1,938 SqFt
5 Beds
•3 Full Baths
Amy Coleman, Listing Office: Next Step Realty, LLC.
Is Bladensburg, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Bladensburg was a Seller's Market.
Key Takeaway
Bladensburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bladensburg, MD
How much do homes in Bladensburg, MD cost?
Median Sold Price
$325,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$60,000(+22.6%)
Key Takeaway
Homes in Bladensburg have sold for 22.6% more than they did a year ago.
Summary: The median home sold price in Bladensburg was $325,000 in August 2024, up 22.6% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $125K | +47.1% |
| 2 Bedrooms | $111K | $132.5K | +19.4% |
| 3 Bedrooms | $273.9K | $325K | +18.7% |
| 4 Bedrooms | $285K | $390K | +36.8% |
| 5+ Bedrooms | $422.4K | $374.6K | -11.3% |
Summary: Bladensburg housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.1%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Bladensburg | $265K | $325K | +22.6% |
| Cheverly | $460K | $501.1K | +8.9% |
| Hyattsville | $388.9K | $390K | 0.3% |
Housing Supply in Bladensburg, MD
How many homes are available in Bladensburg, MD?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Bladensburg real estate market had 12 homes for sale in August 2024, a 14.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Bladensburg housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bladensburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bladensburg in August 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bladensburg, MD
How long does it take to sell a home in Bladensburg, MD?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 10 Days | 8 Days | -20.0% |
Summary: Homes in Bladensburg had an average of 8 days on market in Aug 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bladensburg are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in Bladensburg; 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.
