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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keymar is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Keymar was a Seller's Market.

Key Takeaway

Keymar is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices

How much do homes in Keymar, MD cost?

Median Sold Price

$395,000

$155/sqft

Based on all homes sold in August 2023.

Difference Since Last Month

+$40,000(+11.3%)

Key Takeaway

Homes in Keymar have sold for 11.3% more than they did a month ago.

Summary: The median home sold price in Keymar was $395,000 in August 2023, up 11.3% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 --
N/A
2 $300K-
N/A
3 $355K-
N/A
4 $475K$395K
-16.8%
5+ --
N/A

Summary: Keymar housing prices by bedroom type for August 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Woodsboro
+62.0%
Keymar
+11.3%

Housing Supply

How many homes are available in Keymar, MD?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
96-33.3%

Summary: The Keymar real estate market had 6 homes for sale in August 2023, a 33.3% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
0.0%
2 10
-100.0%
3 21
-50.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Keymar housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keymar, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Keymar in August 2023, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market

How long does it take to sell a home in Keymar, MD?

Average Sale Time

Jul 2023Aug 2023CHANGE
25 Days50 Days+94.8%

Summary: Homes in Keymar had an average of 50 days on market in Aug 2023, up by 94.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Keymar has remained consistent over time.

Summary: During August 2023, 1 homes were sold in Keymar; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

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