Is Snow Hill, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
At the same time last year, Snow Hill was a Neutral Market.
Key Takeaway
Snow Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Snow Hill, MD cost?
Median Sold Price
$270,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$36,500(+15.6%)
Key Takeaway
Homes in Snow Hill have sold for 15.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $160K | -5.9% |
| 3 Bedrooms | $240K | $214K | -10.8% |
| 4 Bedrooms | $152K | $388.5K | +155.6% |
| 5+ Bedrooms | $420K | $950K | +126.2% |
How many homes are available in Snow Hill, MD?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 15 | 17 | +13.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 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 Snow Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.
How long does it take to sell a home in Snow Hill, MD?
How long does it take to sell a home in Snow Hill, MD?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 2 Days | 15 Days | +650.0% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snow Hill are selling fast, if you're buying plan to act quickly.
