Is Camp Springs, 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, Camp Springs was a Seller's Market.
Housing Prices in Camp Springs, MD
How much do homes in Camp Springs, MD cost?
Median Sold Price
$399,500
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Camp Springs was $399,500 in March 2024, down 0.1% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $161K | $234.8K | +45.9% |
2 Bedrooms | $318.7K | $370K | +16.1% |
3 Bedrooms | $355K | $360K | +1.4% |
4 Bedrooms | $400K | $397.5K | -0.6% |
5+ Bedrooms | $445.4K | $450K | +1.0% |
Summary: Camp Springs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.9%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 1%.
Housing Supply in Camp Springs, MD
How many homes are available in Camp Springs, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
110 | 107 | -2.7% |
Summary: The Camp Springs real estate market had 107 homes for sale in March 2024, a 2.7% decrease 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 | 6 | 6 | 0.0% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 51 | 49 | -3.9% |
5+ Bedrooms | 24 | 23 | -4.2% |
Summary: The Camp Springs 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 remained the same, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Camp Springs in March 2024, up by 6.3% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for Camp Springs, MD
How long does it take to sell a home in Camp Springs, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 45 Days | +4.5% |
Summary: Homes in Camp Springs had an average of 45 days on market in Mar 2024, up by 4.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Camp Springs; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.