Is Davidsonville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Davidsonville was a Seller's Market.
Housing Prices in Davidsonville, MD
How much do homes in Davidsonville, MD cost?
Median Sold Price
$926,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Davidsonville was $926,000 in April 2024, up 6.7% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $440K | $449.9K | +2.3% |
3 Bedrooms | $660K | $600K | -9.1% |
4 Bedrooms | $822.5K | $910K | +10.6% |
5+ Bedrooms | $1.0M | $1.0M | +6.7% |
Summary: Davidsonville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
Davidsonville | $867.5K | $926K | +6.7% |
Bowie | $460.2K | $490K | +6.5% |
Housing Supply in Davidsonville, MD
How many homes are available in Davidsonville, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 19 | +58.3% |
Summary: The Davidsonville real estate market had 19 homes for sale in April 2024, a 58.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 0 | -100.0% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Davidsonville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Davidsonville in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Davidsonville, MD
How long does it take to sell a home in Davidsonville, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 94 Days | +412.7% |
Summary: Homes in Davidsonville had an average of 94 days on market in Apr 2024, up by 412.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Davidsonville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.