Is Clarksville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Clarksville has remained a Seller's Market.
Key Takeaway
Clarksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarksville, MD
How much do homes in Clarksville, MD cost?
Median Sold Price
$961,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clarksville have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Clarksville was $961,000 in March 2024, up 4.7% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $413K | $430K | +4.1% |
| 3 Bedrooms | $530K | $650K | +22.6% |
| 4 Bedrooms | $875K | $947.5K | +8.3% |
| 5+ Bedrooms | $1.1M | $1.1M | 0.0% |
Summary: Clarksville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Housing Supply in Clarksville, MD
How many homes are available in Clarksville, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The Clarksville real estate market had 35 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Clarksville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarksville, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Clarksville in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 10% were sold under asking, 20% were sold at asking, and 70% were sold over asking.
Days on Market for Clarksville, MD
How long does it take to sell a home in Clarksville, MD?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 3 Days | -89.4% |
Summary: Homes in Clarksville had an average of 3 days on market in Mar 2024, down by 89.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarksville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in Clarksville; 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.
