Is Loyola / Notre Dame, 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, Loyola / Notre Dame has remained a Seller's Market.
Key Takeaway
Loyola / Notre Dame is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Loyola / Notre Dame, MD
How much do homes in Loyola / Notre Dame, MD cost?
Median Sold Price
$187,500
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Loyola / Notre Dame have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Loyola / Notre Dame was $187,500 in April 2024, up 17.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $147.5K | 0.0% |
| 2 Bedrooms | $172K | $195K | +13.4% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $370K | N/A |
| 5+ Bedrooms | - | $3.6M | N/A |
Summary: Loyola / Notre Dame 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 13.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Loyola / Notre Dame, MD
How many homes are available in Loyola / Notre Dame, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Loyola / Notre Dame real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loyola / Notre Dame housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Loyola / Notre Dame, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Loyola / Notre Dame in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Loyola / Notre Dame, MD
How long does it take to sell a home in Loyola / Notre Dame, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 3 Days | -82.4% |
Summary: Homes in Loyola / Notre Dame had an average of 3 days on market in Apr 2024, down by 82.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Loyola / Notre Dame are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Loyola / Notre Dame; 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.
