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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upperco is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Upperco has remained a Seller's Market.

Key Takeaway

Upperco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upperco, MD

How much do homes in Upperco, MD cost?

Median Sold Price

$365,000

$208/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$35,000(-8.8%)

Key Takeaway

Homes in Upperco have sold for 8.7% less than they did a month ago.

Summary: The median home sold price in Upperco was $365,000 in September 2024, down 8.8% from last month, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K$365K
-8.8%
4 $250K-
N/A
5+ $792K-
N/A

Summary: Upperco housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Upperco, MD

How many homes are available in Upperco, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
550.0%

Summary: The Upperco real estate market had 5 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 23
+50.0%
5+ 10
-100.0%

Summary: The Upperco housing inventory by bedroom type for September 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 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
31-66.7%

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 Upperco, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Upperco in September 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Upperco, MD

How long does it take to sell a home in Upperco, MD?

Average Sale Time

Aug 2024Sep 2024CHANGE
16 Days4 Days-75.0%

Summary: Homes in Upperco had an average of 4 days on market in Sep 2024, down by 75% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upperco are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in Upperco; 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.

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

Report Updated 30 Days Ago

Newest Listings in Upperco, MD

Nearby Markets to Upperco, MD

What housing markets are near Upperco, MD?