Is Oliver, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Oliver was a Seller's Market.
Key Takeaway
Oliver is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oliver, MD
How much do homes in Oliver, MD cost?
Median Sold Price
$177,750
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Oliver have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Oliver was $177,750 in April 2024, up 11.1% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115.9K | $122.5K | +5.6% |
| 3 Bedrooms | $168K | $191.2K | +13.8% |
| 4 Bedrooms | $203.5K | $216.5K | +6.4% |
| 5+ Bedrooms | $289K | $112K | -61.2% |
Summary: Oliver housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 61.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Oliver | $160K | $177.7K | +11.1% |
| East | $140K | $124K | -11.5% |
| Broadway East | $86K | $63K | -26.7% |
Housing Supply in Oliver, MD
How many homes are available in Oliver, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 43 | +4.9% |
Summary: The Oliver real estate market had 43 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Oliver housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oliver, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Oliver in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Oliver, MD
How long does it take to sell a home in Oliver, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 94 Days | +261.0% |
Summary: Homes in Oliver had an average of 94 days on market in Apr 2024, up by 261% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oliver has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Oliver; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
