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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenarden is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Glenarden was a Seller's Market.

Key Takeaway

Glenarden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Glenarden, MD cost?

Median Sold Price

$410,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$34,000(+9.0%)

Key Takeaway

Homes in Glenarden have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 --
N/A
3 $352.5K$372.5K
+5.7%
4 $378.5K$400K
+5.7%
5+ $465K$695K
+49.5%

How many homes are available in Glenarden, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
1719+11.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 10
-100.0%
3 87
-12.5%
4 57
+40.0%
5+ 35
+66.7%

Number of Homes Sold

Sep 2022Oct 2022%
42-50.0%

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 Glenarden, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
12 Days18 Days+44.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenarden 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 Glenarden, MD

Homes for sale in Glenarden, MD have reached 19. Between September 2022 and October 2022, Glenarden, MD real estate market has seen increase in the number of listings by 11.8%. The median list price of listings available in October 2022 was $410,000, while the average time on the real estate market was 18 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 5.7%, 4 bedrooms properties prices increased by 5.7%, prices of 5 bedrooms properties increased by 49.5%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 100%, 3 bedrooms homes became 12.5% less available, volume of 4 bedrooms homes went up by 40%, 5 bedrooms homes became 66.7% more available. In October 2022 more than 0 listings in Glenarden, MD were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.