Is Carroll / South Hilton, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll / South Hilton is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Carroll / South Hilton was a Neutral Market.

Key Takeaway

Carroll / South Hilton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carroll / South Hilton, MD

How much do homes in Carroll / South Hilton, MD cost?

Median Sold Price

$90,000

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,000(-14.3%)

Key Takeaway

Homes in Carroll / South Hilton have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in Carroll / South Hilton was $90,000 in April 2024, down 14.3% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $62.5K-
N/A
2 $66K$60K
-9.1%
3 $177.4K$86.2K
-51.4%
4 $175K$172.5K
-1.4%
5+ --
N/A

Summary: Carroll / South Hilton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 51.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Shipley Hill
+14.9%
Southwest
-2.9%
Carroll / South Hilton
-14.3%
Penrose / Fayette Street Outreach
-28.5%

Housing Supply in Carroll / South Hilton, MD

How many homes are available in Carroll / South Hilton, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1216+33.3%

Summary: The Carroll / South Hilton real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 15
+400.0%
3 88
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Carroll / South Hilton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 400%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll / South Hilton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Carroll / South Hilton in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Carroll / South Hilton, MD

How long does it take to sell a home in Carroll / South Hilton, MD?

Average Sale Time

Apr 2023Apr 2024CHANGE
100 Days5 Days-95.0%

Summary: Homes in Carroll / South Hilton had an average of 5 days on market in Apr 2024, down by 95% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Carroll / South Hilton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Carroll / South Hilton; 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 22 Days Ago

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