Is Linthicum, 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, Linthicum has remained a Seller's Market.
Key Takeaway
Linthicum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Linthicum, MD
How much do homes in Linthicum, MD cost?
Median Sold Price
$400,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Linthicum have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Linthicum was $400,000 in April 2024, up 1.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.4K | $350K | +3.7% |
| 3 Bedrooms | $375K | $385K | +2.7% |
| 4 Bedrooms | $429K | $410K | -4.4% |
| 5+ Bedrooms | $495K | $450K | -9.1% |
Summary: Linthicum 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 3.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 9.1%.
Housing Supply in Linthicum, MD
How many homes are available in Linthicum, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 34 | +36.0% |
Summary: The Linthicum real estate market had 34 homes for sale in April 2024, a 36.0% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Linthicum 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 increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Linthicum, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Linthicum in April 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for Linthicum, MD
How long does it take to sell a home in Linthicum, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 5 Days | -52.3% |
Summary: Homes in Linthicum had an average of 5 days on market in Apr 2024, down by 52.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Linthicum are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Linthicum; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
