Is Mount Airy, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Mount Airy has remained a Seller's Market.
Housing Prices in Mount Airy, MD
How much do homes in Mount Airy, MD cost?
Median Sold Price
$579,950
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Mount Airy was $579,950 in June 2024, down 0.9% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $305K | $380K | +24.6% |
3 Bedrooms | $435K | $480K | +10.3% |
4 Bedrooms | $652.5K | $656K | 0.5% |
5+ Bedrooms | $810.2K | $830K | +2.4% |
Summary: Mount Airy housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Mount Airy | $580.8K | $579.9K | -0.1% |
Mount Airy | $585K | $579.9K | -0.9% |
Housing Supply in Mount Airy, MD
How many homes are available in Mount Airy, MD?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
86 | 94 | +9.3% |
Summary: The Mount Airy real estate market had 94 homes for sale in June 2024, a 9.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 27 | 30 | +11.1% |
4 Bedrooms | 43 | 51 | +18.6% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Mount Airy housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 | 36 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Mount Airy in June 2024, up by 12.5% month-over-month. Of the 36 sold homes, 17% were sold under asking, 11% were sold at asking, and 72% were sold over asking.
Days on Market for Mount Airy, MD
How long does it take to sell a home in Mount Airy, MD?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
13 Days | 9 Days | -31.6% |
Summary: Homes in Mount Airy had an average of 9 days on market in Jun 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 36 homes were sold in Mount Airy; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.