Is Catonsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Catonsville was a Seller's Market.
Housing Prices in Catonsville, MD
How much do homes in Catonsville, MD cost?
Median Sold Price
$395,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Catonsville was $395,000 in February 2024, up 2.6% 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 | $287.4K | - | N/A |
2 Bedrooms | $257.5K | $275K | +6.8% |
3 Bedrooms | $350K | $345.6K | -1.2% |
4 Bedrooms | $441K | $445K | +0.9% |
5+ Bedrooms | $669.7K | $530K | -20.9% |
Summary: Catonsville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 20.9%.
Median Sold Price Compared To Nearby Cities
Windsor Mill | $283K | $312K | +10.2% |
Halethorpe | $279.4K | $300K | +7.4% |
Gwynn Oak | $277.5K | $286K | +3.1% |
Catonsville | $385K | $395K | +2.6% |
Baltimore | $217K | $219.6K | +1.2% |
Housing Supply in Catonsville, MD
How many homes are available in Catonsville, MD?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
114 | 120 | +5.3% |
Summary: The Catonsville real estate market had 120 homes for sale in February 2024, a 5.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 46 | 49 | +6.5% |
4 Bedrooms | 41 | 39 | -4.9% |
5+ Bedrooms | 19 | 23 | +21.1% |
Summary: The Catonsville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 21.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
29 | 20 | -31.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Catonsville in February 2024, down by 31.0% month-over-month. Of the 20 sold homes, 20% were sold under asking, 35% were sold at asking, and 45% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
17 Days | 31 Days | +86.5% |
Summary: Homes in Catonsville had an average of 31 days on market in Feb 2024, up by 86.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 20 homes were sold in Catonsville; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.