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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pylesville is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Pylesville has remained a Seller's Market.

Key Takeaway

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

How much do homes in Pylesville, MD cost?

Median Sold Price

$540,000

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$95,000(+21.3%)

Key Takeaway

Homes in Pylesville have sold for 21.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $262K-
N/A
3 $429K$400.5K
-6.6%
4 $460K$697.5K
+51.6%
5+ $580K$1.0M
+76.4%

Median Sold Price Compared To Nearby Cities

Pylesville
+21.3%
Street
+17.2%
Fawn Township
+7.7%

How many homes are available in Pylesville, MD?

Number of Homes For Sale

Aug 2022Sep 2022%
1415+7.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 12
+100.0%
3 65
-16.7%
4 77
0.0%
5+ 01
+100.0%

Number of Homes Sold

Aug 2022Sep 2022%
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pylesville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
11 Days16 Days+37.1%

Breakdown of Home Sale Times

2 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 Pylesville 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 Pylesville, MD

Pylesville, MD has 15 homes for sale to choose from. The number of listings in Pylesville, MD increased by 7.1% between August 2022 and September 2022. Listings spent 16 days on the market in September 2022, and had a median list price of $540,000 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 0%, the cost of 3 bedrooms properties went down by 6.6%, prices of 4 bedrooms properties went up by 51.6%, 5 bedrooms properties became 76.4% more expensive. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes became 100% more available, 3 bedrooms homes became 16.7% less available, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory increased by 100%. In September 2022, from all listings sold in Pylesville, MD there were more than 1 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

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