Housing Prices in Delmar, MD
How much do homes in Delmar, MD cost?
Median List Price
$311,000
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Delmar has increased by 8.4% since last year.
Summary: The median home list price in Delmar was $311,000 in March 2024, up 8.4% from the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219K | $189.9K | -13.3% |
| 3 Bedrooms | $277.4K | $284.9K | +2.7% |
| 4 Bedrooms | $319.4K | $345K | +8.0% |
| 5+ Bedrooms | $399.5K | $440K | +10.1% |
Summary: Delmar 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 decreased by 13.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 10.1%.
Median List Price Compared To Nearby Cities
| Delmar | $300K | $329.9K | +10.0% |
| Delmar | $287K | $311K | +8.4% |
| Laurel-Delmar | $299.9K | $319.9K | +6.7% |
Housing Supply in Delmar, MD
How many homes are available in Delmar, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The Delmar real estate market had 36 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Delmar 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 20%, and 5+ bedroom homes remained the same.
Days on Market for Delmar, MD
How long does it take to sell a home in Delmar, MD?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 114 Days | 189 Days | +66.0% |
Summary: Homes in Delmar had an average listing age of 189 days in Mar 2024, up by 66% compared to the previous year.
