Is Historic Hyattsville, 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, Historic Hyattsville has remained a Seller's Market.
Key Takeaway
Historic Hyattsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Historic Hyattsville, MD
How much do homes in Historic Hyattsville, MD cost?
Median Sold Price
$531,000
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Historic Hyattsville have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Historic Hyattsville was $531,000 in April 2024, up 2.1% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $148.7K | +2.6% |
| 2 Bedrooms | $197.4K | $212K | +7.3% |
| 3 Bedrooms | $545K | $533K | -2.2% |
| 4 Bedrooms | $606.2K | $792.5K | +30.7% |
| 5+ Bedrooms | $597.5K | $665K | +11.3% |
Summary: Historic Hyattsville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes increased by 11.3%.
Housing Supply in Historic Hyattsville, MD
How many homes are available in Historic Hyattsville, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Historic Hyattsville real estate market had 23 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Historic Hyattsville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Hyattsville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Historic Hyattsville in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Historic Hyattsville, MD
How long does it take to sell a home in Historic Hyattsville, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 31 Days | -14.7% |
Summary: Homes in Historic Hyattsville had an average of 31 days on market in Apr 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Historic Hyattsville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Historic Hyattsville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
