Is Coppin Heights / Ash-Co-East, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Coppin Heights / Ash-Co-East has remained a Neutral Market.
Key Takeaway
Coppin Heights / Ash-Co-East is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Coppin Heights / Ash-Co-East, MD
How much do homes in Coppin Heights / Ash-Co-East, MD cost?
Median Sold Price
$81,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Coppin Heights / Ash-Co-East have sold for 41.8% less than they did a year ago.
Summary: The median home sold price in Coppin Heights / Ash-Co-East was $81,500 in May 2024, down 41.8% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.5K | $56.2K | -60.5% |
| 3 Bedrooms | $95K | $70.6K | -25.7% |
| 4 Bedrooms | $238K | $213.5K | -10.3% |
| 5+ Bedrooms | $167K | $255K | +52.7% |
Summary: Coppin Heights / Ash-Co-East housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 60.5%, 3 bedroom homes decreased by 25.7%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 52.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Easterwood | $60.5K | $79.5K | +31.3% |
| Mondawmin | $65.5K | $76K | +16.0% |
| Bridgeview / Greenlawn | $166K | $155K | -6.6% |
| West | $105.3K | $86.5K | -17.9% |
| Coppin Heights / Ash-Co-East | $140K | $81.5K | -41.8% |
Housing Supply in Coppin Heights / Ash-Co-East, MD
How many homes are available in Coppin Heights / Ash-Co-East, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Summary: The Coppin Heights / Ash-Co-East real estate market had 20 homes for sale in May 2024, a 20.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Coppin Heights / Ash-Co-East housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coppin Heights / Ash-Co-East, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Coppin Heights / Ash-Co-East in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Coppin Heights / Ash-Co-East, MD
How long does it take to sell a home in Coppin Heights / Ash-Co-East, MD?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 56 Days | +13.3% |
Summary: Homes in Coppin Heights / Ash-Co-East had an average of 56 days on market in May 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Coppin Heights / Ash-Co-East has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Coppin Heights / Ash-Co-East; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
