Is Emmitsburg, 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, Emmitsburg was a Seller's Market.
Key Takeaway
Emmitsburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Emmitsburg, MD cost?
Median Sold Price
$505,000
$231/sqft
Based on all homes sold in May 2023.
Difference Since Last Month
+$30,500(+6.4%)
Key Takeaway
Homes in Emmitsburg have sold for 6.4% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | - | N/A |
| 3 Bedrooms | $315K | - | N/A |
| 4 Bedrooms | $534.5K | $505K | -5.5% |
| 5+ Bedrooms | - | - | N/A |
How many homes are available in Emmitsburg, MD?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 9 | 8 | -11.1% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Emmitsburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.
How long does it take to sell a home in Emmitsburg, MD?
How long does it take to sell a home in Emmitsburg, MD?
Average Sale Time
| Apr 2023 | May 2023 | % |
|---|---|---|
| 7 Days | 5 Days | -36.2% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Emmitsburg are selling fast, if you're buying plan to act quickly.
