Is Sharpsburg, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sharpsburg has remained a Seller's Market.
Key Takeaway
Sharpsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sharpsburg, MD
How much do homes in Sharpsburg, MD cost?
Median Sold Price
$340,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sharpsburg have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Sharpsburg was $340,000 in March 2024, up 11.4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $89.9K | -55.0% |
| 2 Bedrooms | - | $172.5K | N/A |
| 3 Bedrooms | $327.5K | $320.5K | -2.1% |
| 4 Bedrooms | $290K | $480K | +65.5% |
| 5+ Bedrooms | $298.7K | $880K | +194.6% |
Summary: Sharpsburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55%, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 65.5%, and 5+ bedroom homes increased by 194.6%.
Housing Supply in Sharpsburg, MD
How many homes are available in Sharpsburg, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Sharpsburg real estate market had 17 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sharpsburg housing inventory by bedroom type for March 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 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sharpsburg, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Sharpsburg in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Sharpsburg, MD
How long does it take to sell a home in Sharpsburg, MD?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 9 Days | -82.0% |
Summary: Homes in Sharpsburg had an average of 9 days on market in Mar 2024, down by 82% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sharpsburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Sharpsburg; 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.
