Is Rosaryville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rosaryville has remained a Seller's Market.
Key Takeaway
Rosaryville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rosaryville, MD
How much do homes in Rosaryville, MD cost?
Median Sold Price
$575,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rosaryville have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Rosaryville was $575,000 in April 2024, up 14.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $395K | $390K | -1.3% |
| 4 Bedrooms | $502.5K | $600K | +19.4% |
| 5+ Bedrooms | $629.9K | $624.9K | -0.8% |
Summary: Rosaryville 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 did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in Rosaryville, MD
How many homes are available in Rosaryville, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Rosaryville real estate market had 28 homes for sale in April 2024, a 3.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Rosaryville 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 remained the same, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosaryville, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Rosaryville in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for Rosaryville, MD
How long does it take to sell a home in Rosaryville, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 36 Days | +251.2% |
Summary: Homes in Rosaryville had an average of 36 days on market in Apr 2024, up by 251.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rosaryville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Rosaryville; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
