Housing Prices in Dorchester, MD
How much do homes in Dorchester, MD cost?
Median List Price
$255,000
$142/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Dorchester has increased by 6.3% since last year.
Summary: The median home list price in Dorchester was $255,000 in April 2024, up 6.3% from the previous year, and the median price per square foot was $142.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $219.9K | $184K | -16.3% |
| 4 Bedrooms | $230K | $107.4K | -53.3% |
| 5+ Bedrooms | $405K | $349.9K | -13.6% |
Summary: Dorchester 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 did not change, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 53.3%, and 5+ bedroom homes decreased by 13.6%.
Median List Price Compared To Nearby Neighborhoods
| Dolfield | $209.9K | $264.9K | +26.3% |
| Callaway / Garrison | $295K | $321K | +8.8% |
| Dorchester | $239.9K | $255K | +6.3% |
Housing Supply in Dorchester, MD
How many homes are available in Dorchester, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Dorchester real estate market had 5 homes for sale in April 2024, a 16.7% decrease 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 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Dorchester 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Days on Market for Dorchester, MD
How long does it take to sell a home in Dorchester, MD?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 89 Days | +12.8% |
Summary: Homes in Dorchester had an average listing age of 89 days in Apr 2024, up by 12.8% compared to the previous year.
