Is Mc Henry, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Henry is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Mc Henry, MD cost?

Median Sold Price

$555,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$65,500(+13.4%)

Key Takeaway

Homes in Mc Henry have sold for 13.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $30.5K$36.3K
+19.3%
2 $261K$392K
+50.2%
3 $360.4K$455.9K
+26.5%
4 $567.5K$735K
+29.5%
5+ $881.1K$1.1M
+28.1%

Median Sold Price Compared To Nearby Cities

Mc Henry
+13.4%
Swanton
-6.8%

How many homes are available in Mc Henry, MD?

Number of Homes For Sale

Aug 2022Sep 2022%
7875-3.8%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 13
+200.0%
2 22
0.0%
3 2324
+4.3%
4 2116
-23.8%
5+ 3130
-3.2%

Number of Homes Sold

Aug 2022Sep 2022%
1015+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Henry, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
29 Days57 Days+94.3%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mc Henry 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 Mc Henry, MD

Mc Henry, MD has 75 homes on the market. Between August 2022 and September 2022, Mc Henry, MD real estate market has seen decrease in the number of listings by 3.8%. Listings spent 57 days on the market in September 2022, and had a median list price of $555,000 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went up by 19.3%, prices of 2 bedrooms properties went up by 50.2%, prices of 3 bedrooms properties increased by 26.5%, prices of 4 bedrooms properties went up by 29.5%, prices of 5 bedrooms properties went up by 28.1%. This housing market inventory have changed: 1 bedroom homes became 200% more available, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went up by 4.3%, the quantity of 4 bedrooms homes went down by 23.8%, the quantity of 5 bedrooms homes went down by 3.2%. Over 3 listings were sold over their listed price in September 2022 in Mc Henry, MD. In the same period over 10 listings were sold below the listed price and 2 listings were sold for the listed price.

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