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

Housing Market Conditions



Gauge showing Millersville is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Millersville, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Millersville have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Millersville was $500,250 in August 2023, up 1.8% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$239K
2 $285K$230K
3 $368.5K$386K
4 $540K$615K
5+ $795.2K$785K

Summary: Millersville housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 1.3%.

Housing Supply

How many homes are available in Millersville, MD?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Millersville real estate market had 66 homes for sale in August 2023, a 26.9% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 21
3 1721
4 2026
5+ 1318

Summary: The Millersville 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 50%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 38.5%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millersville, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in Millersville in August 2023, up by 187.5% month-over-month. Of the 23 sold homes, 13% were sold under asking, 30% were sold at asking, and 57% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
25 Days8 Days-64.6%

Summary: Homes in Millersville had an average of 8 days on market in Aug 2023, down by 64.6% compared to last year.

Breakdown of Home Sale Times

22 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

Many homes in Millersville are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 23 homes were sold in Millersville; 96% of homes were sold within 30 days, 4% 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 25 Days Ago

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