Is New Carrollton, MD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing New Carrollton is a neutral's market


Difference Since November 2022

Since last year, New Carrollton has remained a Neutral Market.

Key Takeaway

New Carrollton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in New Carrollton, MD

How much do homes in New Carrollton, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in New Carrollton have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in New Carrollton was $340,000 in November 2023, up 6.3% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $103K$115K
2 $135K$145K
3 $342.5K$372.5K
4 $418.5K$402.4K
5+ $415K$435K

Summary: New Carrollton housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

New Carrollton

Housing Supply in New Carrollton, MD

How many homes are available in New Carrollton, MD?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The New Carrollton real estate market had 43 homes for sale in November 2023, a 7.5% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 1413
2 78
3 79
4 1011
5+ 22

Summary: The New Carrollton housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Carrollton, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in New Carrollton in November 2023, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for New Carrollton, MD

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

Average Sale Time

Nov 2022Nov 2023CHANGE
22 Days15 Days-29.1%

Summary: Homes in New Carrollton had an average of 15 days on market in Nov 2023, down by 29.1% compared to last year.

Breakdown of Home Sale Times

6 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 New Carrollton are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 7 homes were sold in New Carrollton; 86% of homes were sold within 30 days, 14% 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 7 Days Ago

Newest Listings in New Carrollton, MD

Nearby Markets to New Carrollton, MD

What housing markets are near New Carrollton, MD?