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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Windsor is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, New Windsor was a Buyer's Market.

Key Takeaway

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

Housing Prices in New Windsor, MD

How much do homes in New Windsor, MD cost?

Median Sold Price

$385,000

$163/sqft

Based on all homes sold in January 2024.

Difference Since Last Month

+$15,500(+4.2%)

Key Takeaway

Homes in New Windsor have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in New Windsor was $385,000 in January 2024, up 4.2% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 -$545K
N/A
2 --
N/A
3 $350K$385K
+10.0%
4 $440K$378K
-14.1%
5+ --
N/A

Summary: New Windsor housing prices by bedroom type for January 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes did not change.

Housing Supply in New Windsor, MD

How many homes are available in New Windsor, MD?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
2926-10.3%

Summary: The New Windsor real estate market had 26 homes for sale in January 2024, a 10.3% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 1614
-12.5%
4 97
-22.2%
5+ 33
0.0%

Summary: The New Windsor housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Windsor, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in New Windsor in January 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.

Days on Market for New Windsor, MD

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

Average Sale Time

Dec 2023Jan 2024CHANGE
10 Days42 Days+316.7%

Summary: Homes in New Windsor had an average of 42 days on market in Jan 2024, up by 316.7% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in New Windsor are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 7 homes were sold in New Windsor; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

Newest Listings in New Windsor, MD

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