Is Thurmont, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thurmont is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Thurmont was a Seller's Market.

Key Takeaway

Thurmont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Thurmont, MD cost?

Median Sold Price

$315,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$15,500(+5.2%)

Key Takeaway

Homes in Thurmont have sold for 5.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $199.9K$240K
+20.1%
3 $284K$299.9K
+5.6%
4 $350K$376K
+7.4%
5+ $439.9K$349K
-20.7%

How many homes are available in Thurmont, MD?

Number of Homes For Sale

Dec 2022Jan 2023%
1816-11.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 31
-66.7%
3 78
+14.3%
4 66
0.0%
5+ 21
-50.0%

Number of Homes Sold

Dec 2022Jan 2023%
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thurmont, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
9 Days31 Days+222.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Thurmont has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Thurmont, MD

Thurmont, MD has 16 homes on the market. In January 2023 in Thurmont, MD there were 11.1% less homes for sale than in December 2022. In January 2023, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $315,500. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 20.1%, prices of 3 bedrooms properties increased by 5.6%, prices of 4 bedrooms properties went up by 7.4%, prices of 5 bedrooms properties went down by 20.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 66.7%, the quantity of 3 bedrooms homes went up by 14.3%, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes went down by 50%. While more than 1 listings in Thurmont, MD in January 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.