Is Crisfield, 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, Crisfield has remained a Buyer's Market.
Housing Prices in Crisfield, MD
How much do homes in Crisfield, MD cost?
Median Sold Price
$167,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Crisfield was $167,000 in March 2024, up 9.2% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $27.5K | N/A |
2 Bedrooms | $39K | $155.5K | +298.7% |
3 Bedrooms | $165K | $204.9K | +24.2% |
4 Bedrooms | $172.5K | $157.5K | -8.7% |
5+ Bedrooms | $245K | $324.9K | +32.6% |
Summary: Crisfield 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 298.7%, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 32.6%.
Housing Supply in Crisfield, MD
How many homes are available in Crisfield, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 75 | +1.4% |
Summary: The Crisfield real estate market had 75 homes for sale in March 2024, a 1.4% 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 | 20 | 19 | -5.0% |
3 Bedrooms | 40 | 40 | 0.0% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Crisfield 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 decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Crisfield in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Crisfield, MD
How long does it take to sell a home in Crisfield, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
101 Days | 108 Days | +6.9% |
Summary: Homes in Crisfield had an average of 108 days on market in Mar 2024, up by 6.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Crisfield; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.