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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Halethorpe is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Halethorpe, MD cost?

Median Sold Price

$285,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$23,812(+9.1%)

Key Takeaway

Homes in Halethorpe have sold for 9.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $202.5K$217K
+7.2%
3 $255.7K$280K
+9.5%
4 $290K$332.5K
+14.7%
5+ $335K$361K
+7.8%

Median Sold Price Compared To Nearby Cities

Hanover
+9.4%
Halethorpe
+9.1%
Catonsville
+8.6%
Brooklyn
+8.6%
Baltimore
-0.8%

How many homes are available in Halethorpe, MD?

Number of Homes For Sale

Oct 2022Nov 2022%
10093-7.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 99
0.0%
3 5451
-5.6%
4 2523
-8.0%
5+ 1210
-16.7%

Number of Homes Sold

Oct 2022Nov 2022%
2521-16.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Halethorpe, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
15 Days20 Days+37.3%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Halethorpe 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 Halethorpe, MD

Halethorpe, MD has 93 homes on the market. The number of listings in Halethorpe, MD decreased by 7% between October 2022 and November 2022. In November 2022, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $285,000. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 7.2%, prices of 3 bedrooms properties increased by 9.5%, 4 bedrooms properties prices increased by 14.7%, prices of 5 bedrooms properties went up by 7.8%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 5.6% less available, 4 bedrooms homes inventory decreased by 8%, the quantity of 5 bedrooms homes went down by 16.7%. While more than 7 listings in Halethorpe, MD in November 2022 were sold above asking price, there were more than 7 listings sold at asking price, and more than 7 were sold below.

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