Is White Marsh, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Marsh is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, White Marsh has remained a Seller's Market.

Key Takeaway

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

How much do homes in White Marsh, MD cost?

Median Sold Price

$485,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$12,500(+2.6%)

Key Takeaway

Homes in White Marsh have sold for 2.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $227.5K$269.9K
+18.6%
3 $428.9K$375K
-12.6%
4 $475K$535K
+12.6%
5+ $500K$615K
+23.0%

Median Sold Price Compared To Nearby Cities

Kingsville
+12.6%
Middle River
+12.5%
Perry Hall
+6.2%
Nottingham
+5.9%
White Marsh
+2.6%

How many homes are available in White Marsh, MD?

Number of Homes For Sale

Jul 2022Aug 2022%
1216+33.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 11
0.0%
3 35
+66.7%
4 56
+20.0%
5+ 34
+33.3%

Number of Homes Sold

Jul 2022Aug 2022%
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in White Marsh, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
8 Days17 Days+92.5%

Breakdown of Home Sale Times

2 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

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

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

About White Marsh, MD

Number of homes for sale in White Marsh, MD real estate market have reached 16. In August 2022 in White Marsh, MD there were 33.3% more homes for sale than in July 2022. In August 2022 median list price was $485,000 and the average listing age was 17 days. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 18.6%, prices of 3 bedrooms properties decreased by 12.6%, 4 bedrooms properties became 12.6% more expensive, the cost of 5 bedrooms properties went up by 23%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went up by 66.7%, volume of 4 bedrooms homes went up by 20%, 5 bedrooms homes inventory increased by 33.3%. In August 2022 more than 2 listings in White Marsh, MD were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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