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

Housing Market Conditions



Gauge showing Finksburg is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Finksburg, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Finksburg have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Finksburg was $500,000 in August 2023, up 12.4% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
2 $185K$274.9K
3 $411K$430K
4 $460K$549K
5+ $673.5K$844.4K

Summary: Finksburg housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 25.4%.

Median Sold Price Compared To Nearby Cities

Owings Mills

Housing Supply

How many homes are available in Finksburg, MD?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Finksburg real estate market had 46 homes for sale in August 2023, a 9.5% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 33
3 98
4 2125
5+ 910

Summary: The Finksburg housing inventory by bedroom type for August 2023 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 11.1%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Finksburg, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Finksburg in August 2023, up by 450.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
11 Days22 Days+96.2%

Summary: Homes in Finksburg had an average of 22 days on market in Aug 2023, up by 96.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 11 homes were sold in Finksburg; 64% of homes were sold within 30 days, 36% 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 25 Days Ago

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Nearby Markets

What housing markets are near Finksburg, MD?