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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marbury is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Marbury has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Marbury, MD

How much do homes in Marbury, MD cost?

Median Sold Price

$270,000

$244/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$94,000(-25.8%)

Key Takeaway

Homes in Marbury have sold for 25.8% less than they did a month ago.

Summary: The median home sold price in Marbury was $270,000 in September 2024, down 25.8% from last month, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $364K$270K
-25.8%
4 --
N/A
5+ --
N/A

Summary: Marbury housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 25.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Marbury, MD

How many homes are available in Marbury, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
440.0%

Summary: The Marbury real estate market had 4 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Marbury housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 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

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marbury, 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 Marbury in September 2024, the same as the previous 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 Marbury, MD

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

Average Sale Time

Aug 2024Sep 2024CHANGE
38 Days39 Days+2.6%

Summary: Homes in Marbury had an average of 39 days on market in Sep 2024, up by 2.6% 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 Marbury has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Marbury; 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 Sep 1, 2024

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