Is Temple Hills, 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, Temple Hills has remained a Seller's Market.
Housing Prices in Temple Hills, MD
How much do homes in Temple Hills, MD cost?
Median Sold Price
$344,500
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Temple Hills was $344,500 in April 2024, up 1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | $140K | $232.5K | +66.1% |
3 Bedrooms | $357K | $341K | -4.5% |
4 Bedrooms | $416.5K | $415K | -0.4% |
5+ Bedrooms | $387.5K | $444K | +14.6% |
Summary: Temple Hills 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 66.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 14.6%.
Housing Supply in Temple Hills, MD
How many homes are available in Temple Hills, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Summary: The Temple Hills real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Temple Hills 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Temple Hills in April 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Temple Hills, MD
How long does it take to sell a home in Temple Hills, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 15 Days | -55.9% |
Summary: Homes in Temple Hills had an average of 15 days on market in Apr 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Temple Hills; 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.