Is Carroll County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Carroll County has remained a Seller's Market.
Housing Prices in Carroll County, MD
How much do homes in Carroll County, MD cost?
Median Sold Price
$435,347
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Carroll County was $435,347 in February 2024, up 4.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $200K | +25.0% |
2 Bedrooms | $265K | $289.9K | +9.4% |
3 Bedrooms | $375K | $375K | 0.0% |
4 Bedrooms | $498K | $530K | +6.4% |
5+ Bedrooms | $622K | $725K | +16.6% |
Summary: Carroll County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 9.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Counties
Baltimore County | $314.9K | $334.1K | +6.1% |
Howard County | $519.3K | $547.1K | +5.4% |
Carroll County | $415.1K | $435.3K | +4.9% |
Adams County | $275K | $287.8K | +4.7% |
Frederick County | $449.8K | $459.6K | +2.2% |
Housing Supply in Carroll County, MD
How many homes are available in Carroll County, MD?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
496 | 518 | +4.4% |
Summary: The Carroll County real estate market had 518 homes for sale in February 2024, a 4.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 40 | 51 | +27.5% |
3 Bedrooms | 183 | 200 | +9.3% |
4 Bedrooms | 188 | 181 | -3.7% |
5+ Bedrooms | 81 | 84 | +3.7% |
Summary: The Carroll County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
91 | 93 | +2.2% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 93 homes were sold or pending in Carroll County in February 2024, up by 2.2% month-over-month. Of the 93 sold homes, 30% were sold under asking, 29% were sold at asking, and 41% were sold over asking.
Days on Market for Carroll County, MD
How long does it take to sell a home in Carroll County, MD?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
30 Days | 26 Days | -13.1% |
Summary: Homes in Carroll County had an average of 26 days on market in Feb 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During February 2024, 93 homes were sold in Carroll County; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.