Is Mount Airy, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$575,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2021
+$59,735(+11.6%)
Key Takeaway
Homes in Mount Airy have sold for 11.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Nov 2021 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | $252K | - | N/A |
| 2 Bedrooms | $300K | $330K | +10.0% |
| 3 Bedrooms | $380K | $425K | +11.8% |
| 4 Bedrooms | $592.4K | $657K | +10.9% |
| 5+ Bedrooms | $705K | $750.2K | +6.4% |
Median Sold Price Compared To Nearby Cities
| Mount Airy | $515.2K | $575K | +11.6% |
| Mount Airy | $380K | $415K | +9.2% |
| Union Bridge | $325K | $350K | +7.7% |
| Monrovia | $600K | $525K | -12.5%  |
How many homes are available in Mount Airy, MD?
Number of Homes For Sale
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 116 | 117 | +0.9% |
Homes For Sale By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 40 | 41 | +2.5% |
| 4 Bedrooms | 45 | 44 | -2.2%  |
| 5+ Bedrooms | 29 | 29 | 0.0% |
Number of Homes Sold
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 18 | 27 | +50.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Airy, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Average Sale Time
| Nov 2021 | Nov 2022 | % |
|---|---|---|
| 24 Days | 19 Days | -22.1% |
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Airy are selling fast, if you're buying plan to act quickly.
