Housing Prices in Summer City, MD
How much do homes in Summer City, MD cost?
Median List Price
$367,500
$266/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Summer City has increased by 4.3% since last year.
Summary: The median home list price in Summer City was $367,500 in April 2024, up 4.3% from the previous year, and the median price per square foot was $266.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $284.5K | $226.2K | -20.5% |
| 3 Bedrooms | $356.9K | $324.9K | -9.0% |
| 4 Bedrooms | $349.9K | $385K | +10.0% |
| 5+ Bedrooms | $588.9K | $609.9K | +3.6% |
Summary: Summer City 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 decreased by 20.5%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 3.6%.
Median List Price Compared To Nearby Neighborhoods
| Summer City | $352.4K | $367.5K | +4.3% |
| Lake Karylbrook | $589.9K | $558.5K | -5.3% |
Housing Supply in Summer City, MD
How many homes are available in Summer City, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Summer City real estate market had 5 homes for sale in April 2024, a 25.0% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Summer City 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Days on Market for Summer City, MD
How long does it take to sell a home in Summer City, MD?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 38 Days | -18.3% |
Summary: Homes in Summer City had an average listing age of 38 days in Apr 2024, down by 18.3% compared to the previous year.
