Is Boyds, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Boyds was a Neutral Market.
Housing Prices in Boyds, MD
How much do homes in Boyds, MD cost?
Median Sold Price
$680,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Boyds was $680,000 in March 2024, down 18.6% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $430K | $457.5K | +6.4% |
3 Bedrooms | $625K | $564.9K | -9.6% |
4 Bedrooms | $595K | $615K | +3.4% |
5+ Bedrooms | $1.0M | $857K | -15.2% |
Summary: Boyds housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 15.2%.
Median Sold Price Compared To Nearby Neighborhoods
Germantown | $384.6K | $400K | +4.0% |
Darnestown | $977.5K | $897.7K | -8.2% |
Boyds | $835K | $680K | -18.6% |
Housing Supply in Boyds, MD
How many homes are available in Boyds, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Boyds real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Boyds housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Boyds in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Boyds, MD
How long does it take to sell a home in Boyds, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -28.6% |
Summary: Homes in Boyds had an average of 5 days on market in Mar 2024, down by 28.6% 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
Summary: During March 2024, 1 homes were sold in Boyds; 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.