Is Croom, 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, Croom has remained a Buyer's Market.
Housing Prices in Croom, MD
How much do homes in Croom, MD cost?
Median Sold Price
$612,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Croom was $612,500 in March 2024, up 4.9% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $380K | $483K | +27.1% |
4 Bedrooms | $583.7K | $657.4K | +12.6% |
5+ Bedrooms | $775K | $924.4K | +19.3% |
Summary: Croom 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 did not change, 3 bedroom homes increased by 27.1%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Neighborhoods
Marlton | $400K | $422.5K | +5.6% |
Croom | $583.7K | $612.5K | +4.9% |
Housing Supply in Croom, MD
How many homes are available in Croom, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Summary: The Croom real estate market had 20 homes for sale in March 2024, a 25.0% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Croom 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Croom in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Croom, MD
How long does it take to sell a home in Croom, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 93 Days | +287.5% |
Summary: Homes in Croom had an average of 93 days on market in Mar 2024, up by 287.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Croom; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.