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 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

# BEDSNov 2021Nov 2022%
1 $252K-
N/A
2 $300K$330K
+10.0%
3 $380K$425K
+11.8%
4 $592.4K$657K
+10.9%
5+ $705K$750.2K
+6.4%

Median Sold Price Compared To Nearby Cities

Mount Airy
+11.6%
Mount Airy
+9.2%
Union Bridge
+7.7%
Monrovia
-12.5%

How many homes are available in Mount Airy, MD?

Number of Homes For Sale

Oct 2022Nov 2022%
116117+0.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 23
+50.0%
3 4041
+2.5%
4 4544
-2.2%
5+ 2929
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1827+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

Asking vs Sold - buyer

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 2021Nov 2022%
24 Days19 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

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

There are 117 homes are for sale in Mount Airy, MD real estate market. The inventory of homes for sale in Mount Airy, MD between October 2022 and November 2022 increased by 0.9%. While the average time on the market in November 2022 was 19 days, the median list price was $575,000. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 10%, the cost of 3 bedrooms properties went up by 11.8%, 4 bedrooms properties became 10.9% more expensive, prices of 5 bedrooms properties increased by 6.4%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went up by 50%, the quantity of 3 bedrooms homes went up by 2.5%, number of 4 bedrooms homes decreased by 2.2%, 5 bedrooms homes did not move. Over 8 listings were sold over their listed price in November 2022 in Mount Airy, MD. In the same period over 12 listings were sold below the listed price and 7 listings were sold for the listed price.

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