Is Fulton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fulton has remained a Seller's Market.
Key Takeaway
Fulton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fulton, MD
How much do homes in Fulton, MD cost?
Median Sold Price
$832,302
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Fulton has remained the same since last year.
Summary: The median home sold price in Fulton was $832,302 in April 2024, up 0.1% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $477.5K | $508K | +6.4% |
| 3 Bedrooms | $750K | $768K | +2.4% |
| 4 Bedrooms | $840K | $844.9K | +0.6% |
| 5+ Bedrooms | $1.1M | $1.3M | +13.9% |
Summary: Fulton 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 6.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Burtonsville | $470K | $545K | +16.0% |
| Scaggsville | $525K | $541.2K | +3.1% |
| Fulton | $831.2K | $832.3K | 0.1% |
Housing Supply in Fulton, MD
How many homes are available in Fulton, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The Fulton real estate market had 21 homes for sale in April 2024, a 22.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Fulton 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 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fulton, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Fulton in April 2024, up by 37.5% month-over-month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.
Days on Market for Fulton, MD
How long does it take to sell a home in Fulton, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 18 Days | +481.8% |
Summary: Homes in Fulton had an average of 18 days on market in Apr 2024, up by 481.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fulton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Fulton; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
