Is Catonsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Catonsville has remained a Seller's Market.
Key Takeaway
Catonsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catonsville, MD
How much do homes in Catonsville, MD cost?
Median Sold Price
$406,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Catonsville have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Catonsville was $406,500 in June 2024, up 6.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.9K | - | N/A |
| 2 Bedrooms | $259.7K | $299.9K | +15.5% |
| 3 Bedrooms | $343K | $355K | +3.5% |
| 4 Bedrooms | $435K | $450K | +3.4% |
| 5+ Bedrooms | $594.9K | $549.5K | -7.6% |
Summary: Catonsville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Windsor Mill | $285K | $325K | +14.0% |
| Halethorpe | $279.4K | $310K | +10.9% |
| Catonsville | $380.1K | $406.5K | +6.9% |
| Gwynn Oak | $275.6K | $290.3K | +5.3% |
| Baltimore | $215K | $220.1K | +2.4% |
Housing Supply in Catonsville, MD
How many homes are available in Catonsville, MD?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 111 | 97 | -12.6% |
Summary: The Catonsville real estate market had 97 homes for sale in June 2024, a 12.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 1 | -80.0% |
| 3 Bedrooms | 56 | 45 | -19.6% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Catonsville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 80%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 55 | 35 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catonsville, you could pay more than the asking price. 74.3% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in Catonsville in June 2024, down by 36.4% month-over-month. Of the 35 sold homes, 9% were sold under asking, 17% were sold at asking, and 74% were sold over asking.
Days on Market for Catonsville, MD
How long does it take to sell a home in Catonsville, MD?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 9 Days | 10 Days | +11.5% |
Summary: Homes in Catonsville had an average of 10 days on market in Jun 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Catonsville are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 35 homes were sold in Catonsville; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
