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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glyndon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Glyndon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Glyndon, MD

How much do homes in Glyndon, MD cost?

Median Sold Price

$415,000

$305/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$185,000(-30.8%)

Key Takeaway

Homes in Glyndon have sold for 30.8% less than they did a month ago.

Summary: The median home sold price in Glyndon was $415,000 in September 2024, down 30.8% from last month, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 -$345K
N/A
4 -$485K
N/A
5+ $600K-
N/A

Summary: Glyndon housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Glyndon, MD

How many homes are available in Glyndon, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
43-25.0%

Summary: The Glyndon real estate market had 3 homes for sale in September 2024, a 25.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Glyndon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glyndon, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Glyndon in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Glyndon, MD

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

Average Sale Time

Aug 2024Sep 2024CHANGE
16 Days33 Days+106.3%

Summary: Homes in Glyndon had an average of 33 days on market in Sep 2024, up by 106.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During September 2024, 2 homes were sold in Glyndon; 50% of homes were sold within 30 days, 50% 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 Sep 1, 2024

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