Is Delmar, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Delmar was a Neutral Market.
Key Takeaway
Delmar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Delmar, MD cost?
Median Sold Price
$284,500
$146/sqft
Based on all homes sold in April 2023.
Difference Since Last Month
-$15,500(-5.2%)
Key Takeaway
Homes in Delmar have sold for 5.2% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $225K | $262K | +16.4% |
| 4 Bedrooms | - | $346K | N/A |
| 5+ Bedrooms | $330K | - | N/A |
How many homes are available in Delmar, MD?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 30 | 31 | +3.3% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delmar, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Average Sale Time
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 15 Days | 40 Days | +159.7% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Delmar are selling fast, if you're buying plan to act quickly.
