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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenbelt is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Greenbelt, MD cost?

Median Sold Price

$235,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$20,000(+9.3%)

Key Takeaway

Homes in Greenbelt have sold for 9.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $130K$150K
+15.4%
2 $178.5K$194K
+8.7%
3 $328K$294K
-10.4%
4 $450K$468K
+4.0%
5+ $530K$587.5K
+10.8%

Median Sold Price Compared To Nearby Cities

Riverdale Park
+11.7%
Greenbelt
+9.3%
Berwyn Heights
+6.7%
College Park
+3.9%
New Carrollton
+2.3%

How many homes are available in Greenbelt, MD?

Number of Homes For Sale

Aug 2022Sep 2022%
7974-6.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 1010
0.0%
2 2629
+11.5%
3 3025
-16.7%
4 75
-28.6%
5+ 65
-16.7%

Number of Homes Sold

Aug 2022Sep 2022%
2326+13.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenbelt, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
13 Days12 Days-6.7%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenbelt 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 Greenbelt, MD

There are 74 homes are for sale in Greenbelt, MD real estate market. In September 2022 in Greenbelt, MD there were 6.3% less homes for sale than in August 2022. The median list price of listings available in September 2022 was $235,000, while the average time on the real estate market was 12 days. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties prices increased by 15.4%, prices of 2 bedrooms properties went up by 8.7%, prices of 3 bedrooms properties decreased by 10.4%, 4 bedrooms properties became 4% more expensive, the cost of 5 bedrooms properties went up by 10.8%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 11.5%, 3 bedrooms homes inventory decreased by 16.7%, 4 bedrooms homes became 28.6% less available, the quantity of 5 bedrooms homes went down by 16.7%. Over 5 listings were sold over their listed price in September 2022 in Greenbelt, MD. In the same period over 7 listings were sold below the listed price and 14 listings were sold for the listed price.

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