Is Belcamp, 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, Belcamp has remained a Seller's Market.
Key Takeaway
Belcamp is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belcamp, MD
How much do homes in Belcamp, MD cost?
Median Sold Price
$270,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Belcamp have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Belcamp was $270,000 in April 2024, up 3.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $192K | $235.5K | +22.7% |
| 3 Bedrooms | $265K | $275K | +3.8% |
| 4 Bedrooms | $381.5K | $400K | +4.8% |
| 5+ Bedrooms | $460K | $540K | +17.4% |
Summary: Belcamp 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 22.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Cities
| Abingdon | $318.7K | $335.7K | +5.3% |
| Belcamp | $260K | $270K | +3.8% |
Housing Supply in Belcamp, MD
How many homes are available in Belcamp, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Belcamp real estate market had 22 homes for sale in April 2024, a 4.8% 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 | 9 | 6 | -33.3% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Belcamp 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 decreased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belcamp, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Belcamp in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for Belcamp, MD
How long does it take to sell a home in Belcamp, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 10 Days | +149.0% |
Summary: Homes in Belcamp had an average of 10 days on market in Apr 2024, up by 149% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belcamp are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Belcamp; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
