Is Cockeysville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Cockeysville was a Buyer's Market.
Key Takeaway
Cockeysville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cockeysville, MD
How much do homes in Cockeysville, MD cost?
Median Sold Price
$449,900
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cockeysville have sold for 16% more than they did a year ago.
Summary: The median home sold price in Cockeysville was $449,900 in March 2024, up 16% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204.8K | $232.4K | +13.5% |
| 2 Bedrooms | $275K | $280K | +1.8% |
| 3 Bedrooms | $364.5K | $365K | 0.1% |
| 4 Bedrooms | $522.4K | $484K | -7.4% |
| 5+ Bedrooms | $934.5K | $1.0M | +15.0% |
Summary: Cockeysville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| Cockeysville | $388K | $449.9K | +16.0% |
| Lutherville Timonium | $425K | $465K | +9.4% |
| Phoenix | $686.5K | $731.2K | +6.5% |
| Sparks Glencoe | $420.9K | $399.5K | -5.1% |
Housing Supply in Cockeysville, MD
How many homes are available in Cockeysville, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 92 | +8.2% |
Summary: The Cockeysville real estate market had 92 homes for sale in March 2024, a 8.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 32 | 36 | +12.5% |
Summary: The Cockeysville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 16 | +128.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cockeysville, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Cockeysville in March 2024, up by 128.6% month-over-month. Of the 16 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.
Days on Market for Cockeysville, MD
How long does it take to sell a home in Cockeysville, MD?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 17 Days | 41 Days | +138.6% |
Summary: Homes in Cockeysville had an average of 41 days on market in Mar 2024, up by 138.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cockeysville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Cockeysville; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
