Is Highlandtown, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Highlandtown has remained a Seller's Market.
Key Takeaway
Highlandtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Highlandtown, MD
How much do homes in Highlandtown, MD cost?
Median Sold Price
$325,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Highlandtown have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Highlandtown was $325,000 in April 2024, up 1.6% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $230K | $295K | +28.3% |
| 3 Bedrooms | $355K | $335K | -5.6% |
| 4 Bedrooms | $430K | $430K | 0.0% |
| 5+ Bedrooms | - | $220K | N/A |
Summary: Highlandtown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Baltimore Highlands | $125.5K | $135K | +7.6% |
| Patterson Park | $270K | $290K | +7.4% |
| Southeast | $316.5K | $325.1K | +2.7% |
| Highlandtown | $320K | $325K | +1.6% |
Housing Supply in Highlandtown, MD
How many homes are available in Highlandtown, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Highlandtown real estate market had 22 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Highlandtown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highlandtown, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Highlandtown in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Highlandtown, MD
How long does it take to sell a home in Highlandtown, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 41 Days | +66.8% |
Summary: Homes in Highlandtown had an average of 41 days on market in Apr 2024, up by 66.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Highlandtown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Highlandtown; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
