Is Poppleton, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poppleton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Poppleton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Poppleton, MD

How much do homes in Poppleton, MD cost?

Median Sold Price

$203,500

$151/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$82,000(-28.7%)

Key Takeaway

Homes in Poppleton have sold for 28.7% less than they did a month ago.

Summary: The median home sold price in Poppleton was $203,500 in April 2024, down 28.7% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$127K
N/A
4 -$280K
N/A
5+ $285.5K-
N/A

Summary: Poppleton housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Poppleton, MD

How many homes are available in Poppleton, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1011+10.0%

Summary: The Poppleton real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 34
+33.3%
5+ 43
-25.0%

Summary: The Poppleton 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poppleton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Poppleton in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Poppleton, MD

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

Average Sale Time

Mar 2024Apr 2024CHANGE
124 Days12 Days-90.4%

Summary: Homes in Poppleton had an average of 12 days on market in Apr 2024, down by 90.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Poppleton; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

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