Is Randallstown, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Randallstown was a Seller's Market.
Housing Prices in Randallstown, MD
How much do homes in Randallstown, MD cost?
Median Sold Price
$349,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Randallstown was $349,000 in February 2024, up 1.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $219K | +4.3% |
3 Bedrooms | $305K | $295K | -3.3% |
4 Bedrooms | $350.5K | $380K | +8.4% |
5+ Bedrooms | $419.5K | $425K | +1.3% |
Summary: Randallstown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
Windsor Mill | $283K | $312K | +10.2% |
Pikesville | $339.5K | $371.5K | +9.4% |
Owings Mills | $335K | $359.9K | +7.4% |
Woodstock | $600K | $630K | +5.0% |
Randallstown | $345K | $349K | +1.2% |
Housing Supply in Randallstown, MD
How many homes are available in Randallstown, MD?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
92 | 96 | +4.3% |
Summary: The Randallstown real estate market had 96 homes for sale in February 2024, a 4.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 29 | 28 | -3.4% |
4 Bedrooms | 43 | 52 | +20.9% |
5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Randallstown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Randallstown in February 2024, the same as the previous month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for Randallstown, MD
How long does it take to sell a home in Randallstown, MD?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
32 Days | 42 Days | +30.9% |
Summary: Homes in Randallstown had an average of 42 days on market in Feb 2024, up by 30.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 15 homes were sold in Randallstown; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.