Is Hyattsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Hyattsville was a Seller's Market.
Key Takeaway
Hyattsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Hyattsville, MD cost?
Median Sold Price
$469,900
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Key Takeaway
Homes in Hyattsville have sold for 6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $155K | $160K | +3.2% |
| 2 Bedrooms | $280K | $275K | -1.8% |
| 3 Bedrooms | $478K | $500.2K | +4.7% |
| 4 Bedrooms | $531.7K | $530K | -0.3% |
| 5+ Bedrooms | $564.5K | $555K | -1.7% |
Median Sold Price Compared To Nearby Cities
| Hyattsville | $443.5K | $469.9K | +6.0% |
| Mount Rainier | $520K | $496K | -4.6% |
How many homes are available in Hyattsville, MD?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 152 | 196 | +28.9% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 64 | 93 | +45.3% |
| 4 Bedrooms | 33 | 42 | +27.3% |
| 5+ Bedrooms | 31 | 34 | +9.7% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 11 | 28 | +154.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hyattsville, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 46 Days | 48 Days | +4.7% |
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hyattsville are selling fast, if you're buying plan to act quickly.
