Is Carroll County, 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, Carroll County has remained a Seller's Market.
Key Takeaway
Carroll County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carroll County, MD
How much do homes in Carroll County, MD cost?
Median Sold Price
$439,995
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Carroll County have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Carroll County was $439,995 in April 2024, up 5.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $200K | +25.0% |
| 2 Bedrooms | $270K | $294.2K | +9.0% |
| 3 Bedrooms | $374.9K | $375.8K | 0.2% |
| 4 Bedrooms | $500.6K | $534K | +6.7% |
| 5+ Bedrooms | $624K | $727.7K | +16.6% |
Summary: Carroll County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Counties
| Baltimore County | $316.7K | $335.5K | +6.0% |
| Adams County | $274.7K | $290.6K | +5.8% |
| Carroll County | $417K | $439.9K | +5.5% |
| Howard County | $523.8K | $550.3K | +5.1% |
| Frederick County | $448K | $465.1K | +3.8% |
Housing Supply in Carroll County, MD
How many homes are available in Carroll County, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 355 | 397 | +11.8% |
Summary: The Carroll County real estate market had 397 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 38 | 41 | +7.9% |
| 3 Bedrooms | 148 | 154 | +4.1% |
| 4 Bedrooms | 116 | 144 | +24.1% |
| 5+ Bedrooms | 52 | 56 | +7.7% |
Summary: The Carroll County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 122 | 101 | -17.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carroll County, you could pay more than the asking price. 60.4% of homes here sold above asking price last month.
Summary: A total of 101 homes were sold or pending in Carroll County in April 2024, down by 17.2% month-over-month. Of the 101 sold homes, 16% were sold under asking, 24% were sold at asking, and 60% were sold over asking.
Days on Market for Carroll County, MD
How long does it take to sell a home in Carroll County, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 15 Days | -45.9% |
Summary: Homes in Carroll County had an average of 15 days on market in Apr 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carroll County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 101 homes were sold in Carroll County; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
