Is Mount Airy, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Airy is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Mount Airy, MD cost?

Median Sold Price

$420,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$52,050(+14.1%)

Key Takeaway

Homes in Mount Airy have sold for 14.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $290K$390K
+34.5%
3 $348.5K$375K
+7.6%
4 $537.5K$615.9K
+14.6%
5+ $562.5K$275K
-51.1%

Median Sold Price Compared To Nearby Cities

Mount Airy
+17.4%
Mount Airy
+14.1%

How many homes are available in Mount Airy, MD?

Number of Homes For Sale

Jul 2022Aug 2022%
2332+39.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 14
+300.0%
3 912
+33.3%
4 1114
+27.3%
5+ 22
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
012+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Airy, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
14 Days11 Days-16.8%

Breakdown of Home Sale Times

11 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 Mount Airy 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 Mount Airy, MD

Mount Airy, MD has 32 homes for sale to choose from. In August 2022 in Mount Airy, MD there were 39.1% more homes for sale than in July 2022. In August 2022 median list price was $420,000 and the average listing age was 11 days. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 34.5%, 3 bedrooms properties became 7.6% more expensive, prices of 4 bedrooms properties increased by 14.6%, 5 bedrooms properties became 51.1% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went up by 300%, the quantity of 3 bedrooms homes went up by 33.3%, the quantity of 4 bedrooms homes went up by 27.3%, 5 bedrooms homes inventory did not change. While more than 5 listings in Mount Airy, MD in August 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below.

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