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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brunswick is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Brunswick has remained a Seller's Market.

Key Takeaway

Brunswick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brunswick, MD

How much do homes in Brunswick, MD cost?

Median Sold Price

$408,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,500(+2.4%)

Key Takeaway

Homes in Brunswick have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Brunswick was $408,000 in September 2024, up 2.4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$140K
N/A
2 $263K$237K
-9.9%
3 $330K$348.5K
+5.6%
4 $465K$527K
+13.3%
5+ $685.3K$660K
-3.7%

Summary: Brunswick housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Cities

Knoxville
+10.2%
Catoctin
+3.7%
Brunswick
+2.4%

Housing Supply in Brunswick, MD

How many homes are available in Brunswick, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3754+45.9%

Summary: The Brunswick real estate market had 54 homes for sale in September 2024, a 45.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1324
+84.6%
4 1418
+28.6%
5+ 89
+12.5%

Summary: The Brunswick housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 84.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
10100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brunswick, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Brunswick in September 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 50% were sold at asking, and 40% were sold over asking.

Days on Market for Brunswick, MD

How long does it take to sell a home in Brunswick, MD?

Average Sale Time

Sep 2023Sep 2024CHANGE
17 Days9 Days-44.4%

Summary: Homes in Brunswick had an average of 9 days on market in Sep 2024, down by 44.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

Summary: During September 2024, 10 homes were sold in Brunswick; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Brunswick, MD

Nearby Markets to Brunswick, MD

What housing markets are near Brunswick, MD?