Is Easton, 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, Easton has remained a Seller's Market.
Key Takeaway
Easton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Easton, MD
How much do homes in Easton, MD cost?
Median Sold Price
$449,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Easton have sold for 23% more than they did a year ago.
Summary: The median home sold price in Easton was $449,000 in April 2024, up 23% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $255K | +183.3% |
| 2 Bedrooms | $324K | $357.5K | +10.3% |
| 3 Bedrooms | $355K | $429.3K | +21.0% |
| 4 Bedrooms | $459K | $530K | +15.5% |
| 5+ Bedrooms | $534.9K | $977.5K | +82.7% |
Summary: Easton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 183.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 82.7%.
Housing Supply in Easton, MD
How many homes are available in Easton, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 110 | +6.8% |
Summary: The Easton real estate market had 110 homes for sale in April 2024, a 6.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 44 | 54 | +22.7% |
| 4 Bedrooms | 31 | 27 | -12.9% |
| 5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The Easton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Easton, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Easton in April 2024, down by 8.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 18% were sold at asking, and 23% were sold over asking.
Days on Market for Easton, MD
How long does it take to sell a home in Easton, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 19 Days | +16.3% |
Summary: Homes in Easton had an average of 19 days on market in Apr 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Easton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Easton; 86% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
