Is Boonsboro, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2021
Since last year, Boonsboro has remained a Seller's Market.
Key Takeaway
Boonsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Boonsboro, MD cost?
Median Sold Price
$316,950
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2021
+$12,050(+4.0%)
Key Takeaway
Homes in Boonsboro have sold for 4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Nov 2021 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $207.5K | $250K | +20.5% |
| 3 Bedrooms | $290K | $303.3K | +4.6% |
| 4 Bedrooms | $360K | $443K | +23.1% |
| 5+ Bedrooms | $415K | $373.5K | -10.0%  |
How many homes are available in Boonsboro, MD?
Number of Homes For Sale
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 12 | 8 | -33.3% |
Homes For Sale By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 6 | 2 | -66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0%  |
Number of Homes Sold
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 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 Boonsboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Average Sale Time
| Nov 2021 | Nov 2022 | % |
|---|---|---|
| 23 Days | 9 Days | -59.3% |
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
Key Takeaway
Many homes in Boonsboro are selling fast, if you're buying plan to act quickly.
