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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jarrettsville is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Jarrettsville, MD cost?

Median Sold Price

$489,500

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$39,500(+8.8%)

Key Takeaway

Homes in Jarrettsville have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$425K
N/A
2 -$384.5K
N/A
3 $390K$420K
+7.7%
4 $500K$570K
+14.0%
5+ $550K$515.4K
-6.3%

Median Sold Price Compared To Nearby Cities

Street
+19.9%
Fallston
+10.3%
Jarrettsville
+8.8%
Forest Hill
-4.9%
White Hall
-14.1%

How many homes are available in Jarrettsville, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
2420-16.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 10
-100.0%
3 88
0.0%
4 1210
-16.7%
5+ 21
-50.0%

Number of Homes Sold

Sep 2022Oct 2022%
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Oct 2021Oct 2022%
28 Days18 Days-37.3%

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jarrettsville 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 Jarrettsville, MD

Jarrettsville, MD has 20 homes for sale to choose from. In October 2022 in Jarrettsville, MD there were 16.7% less homes for sale than in September 2022. While the average time on the market in October 2022 was 18 days, the median list price was $489,500. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 7.7%, 4 bedrooms properties became 14% more expensive, 5 bedrooms properties became 6.3% more cheaper. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 100% less available, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes went down by 16.7%, number of 5 bedrooms homes decreased by 50%. Jarrettsville, MD housing market in October 2022 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 2 sold below.

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