Is East New Market, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East New Market is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, East New Market was a Neutral Market.

Key Takeaway

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

How much do homes in East New Market, MD cost?

Median Sold Price

$209,950

$115/sqft

Based on all homes sold in September 2022.

Difference Since Last Month

-$115,050(-35.4%)

Key Takeaway

Homes in East New Market have sold for 35.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2022Sep 2022%
1 --
N/A
2 -$90K
N/A
3 $325K-
N/A
4 -$329.9K
N/A
5+ --
N/A

How many homes are available in East New Market, MD?

Number of Homes For Sale

Aug 2022Sep 2022%
770.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 44
0.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East New Market, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Aug 2022Sep 2022%
110 Days37 Days-66.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East New Market 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 East New Market, MD

There are 7 homes are for sale in East New Market, MD real estate market. The median list price of listings available in September 2022 was $209,950, while the average time on the real estate market was 37 days. This housing market listing prices have changed between September 2021 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, 3 bedrooms homes did not move, 4 bedrooms homes did not move, 5 bedrooms homes inventory did not change. In September 2022, from all listings sold in East New Market, MD there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.