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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fallstaff is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Fallstaff has remained a Neutral Market.

Key Takeaway

Fallstaff is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fallstaff, MD

How much do homes in Fallstaff, MD cost?

Median Sold Price

$215,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$43,750(+25.5%)

Key Takeaway

Homes in Fallstaff have sold for 25.5% more than they did a year ago.

Summary: The median home sold price in Fallstaff was $215,000 in April 2024, up 25.5% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $151K$190K
+25.8%
3 $195.2K$211.5K
+8.3%
4 -$228.5K
N/A
5+ $799K$670K
-16.1%

Summary: Fallstaff 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 increased by 25.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 16.1%.

Housing Supply in Fallstaff, MD

How many homes are available in Fallstaff, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Fallstaff real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Fallstaff 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 decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fallstaff, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Fallstaff in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fallstaff, MD

How long does it take to sell a home in Fallstaff, MD?

Average Sale Time

Apr 2023Apr 2024CHANGE
83 Days60 Days-27.7%

Summary: Homes in Fallstaff had an average of 60 days on market in Apr 2024, down by 27.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Fallstaff has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Fallstaff; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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