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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brunswick is a neutral's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

Brunswick 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 Brunswick, MD cost?

Median Sold Price

$350,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$29,000(+9.0%)

Key Takeaway

Homes in Brunswick have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$136K
N/A
2 $215.6K$234.9K
+8.9%
3 $279.4K$315K
+12.7%
4 $395K$515.9K
+30.6%
5+ $535K$582.5K
+8.9%

Median Sold Price Compared To Nearby Cities

Catoctin
+10.6%
Brunswick
+9.0%
Knoxville
-9.0%

How many homes are available in Brunswick, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
5048-4.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 41
-75.0%
3 2522
-12.0%
4 1418
+28.6%
5+ 77
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
157-53.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brunswick, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days25 Days+68.2%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brunswick 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 Brunswick, MD

Brunswick, MD has 48 homes on the market. Between September 2022 and October 2022, Brunswick, MD real estate market has seen decrease in the number of listings by 4%. In October 2022, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $350,000. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 8.9%, prices of 3 bedrooms properties went up by 12.7%, prices of 4 bedrooms properties went up by 30.6%, 5 bedrooms properties prices increased by 8.9%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 75% less available, 3 bedrooms homes became 12% less available, volume of 4 bedrooms homes went up by 28.6%, the quantity of 5 bedrooms homes have not changed. While more than 3 listings in Brunswick, MD in October 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below.

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