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

Housing Market Conditions



Gauge showing Conowingo is a neutral's market


Difference Since August 2022

Since last year, Conowingo has remained a Neutral Market.

Key Takeaway

Conowingo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices

How much do homes in Conowingo, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Conowingo have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Conowingo was $380,000 in August 2023, up 17.5% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
2 $255K$455K
3 $314.5K$367.5K
4 $390K$450K
5+ $503K$650K

Summary: Conowingo housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.4%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 29.2%.

Housing Supply

How many homes are available in Conowingo, MD?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Conowingo real estate market had 13 homes for sale in August 2023, a 7.1% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 11
3 99
4 31
5+ 12

Summary: The Conowingo housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Conowingo in August 2023, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market

How long does it take to sell a home in Conowingo, MD?

Average Sale Time

Aug 2022Aug 2023CHANGE
12 Days24 Days+100.0%

Summary: Homes in Conowingo had an average of 24 days on market in Aug 2023, up by 100% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Conowingo are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 2 homes were sold in Conowingo; 50% of homes were sold within 30 days, 50% 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 26 Days Ago

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