Is Shipley Hill, 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, Shipley Hill has remained a Seller's Market.
Housing Prices in Shipley Hill, MD
How much do homes in Shipley Hill, MD cost?
Median Sold Price
$42,350
$35/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shipley Hill was $42,350 in April 2024, up 14.9% from last year, and the median price per square foot was $35.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $27.7K | - | N/A |
2 Bedrooms | $35K | $37K | +5.7% |
3 Bedrooms | $39.8K | $42.4K | +6.6% |
4 Bedrooms | - | $97.5K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Shipley Hill 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 increased by 5.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Shipley Hill | $36.8K | $42.3K | +14.9% |
Carroll / South Hilton | $105K | $90K | -14.3% |
Penrose / Fayette Street Outreach | $100K | $71.5K | -28.5% |
Housing Supply in Shipley Hill, MD
How many homes are available in Shipley Hill, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Shipley Hill real estate market had 23 homes for sale in April 2024, a 4.5% increase 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 | 6 | 7 | +16.7% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shipley Hill 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Shipley Hill in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Shipley Hill, MD
How long does it take to sell a home in Shipley Hill, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
196 Days | 23 Days | -88.0% |
Summary: Homes in Shipley Hill had an average of 23 days on market in Apr 2024, down by 88% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Shipley Hill; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.