Is Street, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Street has remained a Seller's Market.
Key Takeaway
Street is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Street, MD cost?
Median Sold Price
$507,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Street have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in Street was $507,000 in August 2023, down 7.8% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $650K | +221.0% |
| 3 Bedrooms | $341.5K | $417.5K | +22.3% |
| 4 Bedrooms | $675K | $629K | -6.8% |
| 5+ Bedrooms | $617.5K | $840K | +36.0% |
Summary: Street housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 221%, 3 bedroom homes increased by 22.3%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 36%.
Median Sold Price Compared To Nearby Cities
| Jarrettsville | $485K | $522.5K | +7.7% |
| Whiteford | $340.4K | $365K | +7.2% |
| Forest Hill | $420K | $398K | -5.2% |
| Street | $550K | $507K | -7.8% |
Housing Supply
How many homes are available in Street, MD?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Street real estate market had 18 homes for sale in August 2023, a 5.9% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Street housing inventory by bedroom type for August 2023 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 remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
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 Street, 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 Street in August 2023, down by 20.0% 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
How long does it take to sell a home in Street, MD?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 47 Days | 62 Days | +30.1% |
Summary: Homes in Street had an average of 62 days on market in Aug 2023, up by 30.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Street are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 4 homes were sold in Street; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
