Is Deale, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Deale was a Buyer's Market.
Housing Prices in Deale, MD
How much do homes in Deale, MD cost?
Median Sold Price
$459,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Deale was $459,000 in March 2024, up 9.3% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $535K | $298K | -44.3% |
2 Bedrooms | $325K | $357.5K | +10.0% |
3 Bedrooms | $347.5K | $427.5K | +23.0% |
4 Bedrooms | $537.5K | $520K | -3.3% |
5+ Bedrooms | $537.5K | $775K | +44.2% |
Summary: Deale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 23%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 44.2%.
Housing Supply in Deale, MD
How many homes are available in Deale, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 41 | -6.8% |
Summary: The Deale real estate market had 41 homes for sale in March 2024, a 6.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Deale 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Deale in March 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Deale, MD
How long does it take to sell a home in Deale, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 38 Days | +127.5% |
Summary: Homes in Deale had an average of 38 days on market in Mar 2024, up by 127.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Deale; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.