Is Dundalk, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dundalk is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Dundalk has remained a Seller's Market.

Key Takeaway

Dundalk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Dundalk, MD cost?

Median Sold Price

$200,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$12,000(+6.4%)

Key Takeaway

Homes in Dundalk have sold for 6.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $152K$174K
+14.5%
3 $188.5K$199K
+5.6%
4 $255K$270K
+5.9%
5+ $275K$349.9K
+27.2%

Median Sold Price Compared To Nearby Cities

Dundalk
+6.4%
Essex
+2.9%
Baltimore
-1.4%
Sparrows Point
-6.8%

How many homes are available in Dundalk, MD?

Number of Homes For Sale

Jul 2022Aug 2022%
158208+31.6%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 3038
+26.7%
3 88124
+40.9%
4 3743
+16.2%
5+ 33
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
461+1425.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dundalk, you could pay more than the asking price. 52.5% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
12 Days11 Days-7.3%

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dundalk are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Dundalk, MD

Dundalk, MD has 208 homes for sale to choose from. The inventory of homes for sale in Dundalk, MD between July 2022 and August 2022 increased by 31.6%. While the average time on the market in August 2022 was 11 days, the median list price was $200,000. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 14.5% more expensive, 3 bedrooms properties became 5.6% more expensive, prices of 4 bedrooms properties went up by 5.9%, 5 bedrooms properties prices increased by 27.2%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went up by 26.7%, 3 bedrooms homes inventory increased by 40.9%, 4 bedrooms homes became 16.2% more available, the quantity of 5 bedrooms homes have not changed. Dundalk, MD housing market in August 2022 saw over 32 listings sold above listed price, more than 12 sold at listed price and over 17 sold below.

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