Is Grantsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Grantsville was a Seller's Market.
Key Takeaway
Grantsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grantsville, MD
How much do homes in Grantsville, MD cost?
Median Sold Price
$239,900
$177/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Grantsville have sold for 39.5% more than they did a month ago.
Summary: The median home sold price in Grantsville was $239,900 in March 2024, up 39.5% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $61.6K | - | N/A |
| 3 Bedrooms | $234K | $239.9K | +2.5% |
| 4 Bedrooms | $525K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Grantsville housing prices by bedroom type for March 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 increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Grantsville, MD
How many homes are available in Grantsville, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Grantsville real estate market had 14 homes for sale in March 2024, a 22.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Grantsville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grantsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Grantsville in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Grantsville, MD
How long does it take to sell a home in Grantsville, MD?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 167 Days | 2 Days | -98.8% |
Summary: Homes in Grantsville had an average of 2 days on market in Mar 2024, down by 98.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grantsville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Grantsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
