$1,425 Closing Credit*
$120,000
720 SqFt
2 Beds
•1 Full Bath
Eric Matthew Riggleman, Listing Office: Coldwell Banker Home Town Realty
Is Rawlings, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Rawlings has remained a Seller's Market.
Key Takeaway
Rawlings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rawlings, MD
How much do homes in Rawlings, MD cost?
Median Sold Price
$159,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$10,500(-6.2%)
Key Takeaway
Homes in Rawlings have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Rawlings was $159,000 in September 2024, down 6.2% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $94K | $110K | +17.0% |
| 3 Bedrooms | $176.9K | $162.5K | -8.2% |
| 4 Bedrooms | $263.9K | $212.5K | -19.5% |
| 5+ Bedrooms | $293K | $158K | -46.1% |
Summary: Rawlings housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 46.1%.
Median Sold Price Compared To Nearby Cities
| Keyser | $164.9K | $181K | +9.8% |
| Rawlings | $169.5K | $159K | -6.2% |
Housing Supply in Rawlings, MD
How many homes are available in Rawlings, MD?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Rawlings real estate market had 9 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rawlings housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rawlings, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Rawlings in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Rawlings, MD
How long does it take to sell a home in Rawlings, MD?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 34 Days | 24 Days | -27.9% |
Summary: Homes in Rawlings had an average of 24 days on market in Sep 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rawlings are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Rawlings; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
