Is Carroll County, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll County is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Carroll County, MD

How much do homes in Carroll County, MD cost?

Median Sold Price

$442,351

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$23,930(+5.7%)

Key Takeaway

Homes in Carroll County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Carroll County was $442,351 in June 2024, up 5.7% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $190K$201K
+5.8%
2 $270K$300K
+11.1%
3 $370K$379.6K
+2.6%
4 $501.5K$550K
+9.7%
5+ $650K$727.7K
+12.0%

Summary: Carroll County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 12%.

Median Sold Price Compared To Nearby Counties

Adams County
+8.1%
Baltimore County
+6.4%
Carroll County
+5.7%
Howard County
+5.6%
Frederick County
+5.5%

Housing Supply in Carroll County, MD

How many homes are available in Carroll County, MD?

Number of Homes For Sale

May 2024Jun 2024CHANGE
421482+14.5%

Summary: The Carroll County real estate market had 482 homes for sale in June 2024, a 14.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 3740
+8.1%
3 175198
+13.1%
4 149171
+14.8%
5+ 5973
+23.7%

Summary: The Carroll County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 23.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
136116-14.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

67 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll County, you could pay more than the asking price. 57.8% of homes here sold above asking price last month.

Summary: A total of 116 homes were sold or pending in Carroll County in June 2024, down by 14.7% month-over-month. Of the 116 sold homes, 22% were sold under asking, 20% were sold at asking, and 58% 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

Jun 2023Jun 2024CHANGE
13 Days12 Days-5.0%

Summary: Homes in Carroll County had an average of 12 days on market in Jun 2024, down by 5% compared to last year.

Breakdown of Home Sale Times

106 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carroll County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 116 homes were sold in Carroll County; 91% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 1% 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 23 Days Ago

Newest Listings in Carroll County, MD

Nearby Markets to Carroll County, MD

What housing markets are near Carroll County, MD?