Is Cockeysville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cockeysville is a buyer's market

Buyer's
Market

Difference Since January 2023

Since last year, Cockeysville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cockeysville, MD

How much do homes in Cockeysville, MD cost?

Median Sold Price

$450,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$60,000(+15.4%)

Key Takeaway

Homes in Cockeysville have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in Cockeysville was $450,000 in January 2024, up 15.4% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $199.7K$230K
+15.2%
2 $275K$283.7K
+3.2%
3 $367.2K$365K
-0.6%
4 $524.9K$484.5K
-7.7%
5+ $1.0M$880K
-18.5%

Summary: Cockeysville housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 18.5%.

Median Sold Price Compared To Nearby Cities

Cockeysville
+15.4%
Lutherville Timonium
+10.0%
Phoenix
+3.3%
Sparks Glencoe
-6.2%

Housing Supply in Cockeysville, MD

How many homes are available in Cockeysville, MD?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
8475-10.7%

Summary: The Cockeysville real estate market had 75 homes for sale in January 2024, a 10.7% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 2119
-9.5%
4 2418
-25.0%
5+ 3030
0.0%

Summary: The Cockeysville housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
174-76.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cockeysville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Cockeysville in January 2024, down by 76.5% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Jan 2023Jan 2024CHANGE
29 Days10 Days-62.9%

Summary: Homes in Cockeysville had an average of 10 days on market in Jan 2024, down by 62.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Cockeysville are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 4 homes were sold in Cockeysville; 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 29 Days Ago

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